User:CsCMRd/sandbox
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The International Bank of Azerbaijan is the state-controlled bank operating in the Republic of Azerbaijan. Headquartered in Baku, the bank consists of 36 branches and 95 service outlets in more than 40 cities.[2]
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Company type | Open Joint Stock Company |
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Industry | Banking |
Founded | 10 January 1992 |
Headquarters | , |
Area served | Worldwide |
Key people | Jahangir Hajiyev, Chairman of the Board |
Products | Consumer banking, corporate banking, finance and insurance, credit and debit cards |
Revenue | US$ 630 million (2012)[1] |
US$ 282 million (2012)[1] | |
US$ 67 million (2012)[1] | |
Total assets | US$ 8.6 billion (2013)[1] |
Total equity | US$ 600 million (2013)[1] |
Number of employees | 1,304 (June 30, 2013)[1] |
Subsidiaries | IBA-Moscow, International Bank of Azerbaijan-Georgia |
Website | www.ibar.az |
History |
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Within the South Caucasus region, IBA has the largest asset scope, customer base, and international business of all banks.[3] IBA has more than 30,000 corporate customers and 400,000 individual customers. Nearly all large and medium companies that have operations in Azerbaijan are IBA customers.[3]
Over 1,300 people work at IBA.[3] According to CISTRAN Finance, IBA is one of the world's 1,000 largest and most stable banks in 2013.[4] Jahangir Hajiyev joined the bank in 1995 as chairman of the Credit Committee and director of Credit and Investments. He has served as chairman since 2001.[5]