BAKU, Azerbaijan, Feb. 7
By Sadraddin Aghjayev - Trend:
IBA-MOSCOW Bank has accepted all the challenges of COVID-19 pandemic and post-COVID-19 pandemic and is consistently moving forward in accordance with its strategic goals, Svetlana Lunkova, director of the Business Development Department of IBA-MOSCOW Bank, told Trend.
Lunkova added that all market participants experienced a hard period in these difficult conditions.
“IBA-MOSCOW Bank is stable thanks to strong shareholder - the International Bank of Azerbaijan,” the director of the department said. “Of course, in these circumstances, we have changed our activity aimed at supporting customers, maintaining the pace of development and achieving the targets.”
“The bank pays special attention to the development of remote customer services, information technologies, the settlements of transactions in national currencies, in which we traditionally have strong expertise, and created new products that are in demand today,” the director of the department said.
“We have successfully adapted the strategy and business processes, as well as have created the remote work for employees,” Lunkova said.
Lunkova added that the bank's strategic priorities, namely, the support and stimulation of the development of trade relations, active development of high-tech products and services for business, expansion of the range of services for Azerbaijani citizens living in Russia, have not changed at all.
“But I would like to stress that the intensity of work has greatly increased,” the director of the department said. “We face the task of not only maintaining, but also expanding a high-quality client base. Despite our shareholder is the International Bank of Azerbaijan, we are a full-fledged Russian bank.”
“First of all, we focus on cooperation with the corporate sector, including the companies that conduct foreign economic activity and participate in trade relations between Russia and Azerbaijan,” Lunkova said. “Our goal is long-term cooperation.”
IBA-MOSCOW Bank ended 2021 with the preliminary net profit of over 74 million Russian rubles (more than 1.6 million manat or $970.7 million upon the exchange rate of the Central Bank of Azerbaijan). The exact figures will be announced in April after audit confirmation.
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