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Azerbaijan bank opens Dubai office

Dubai, November 16, 2008

International Bank of Azerbaijan (IBA) launched its first representative office in Dubai, a report said.

Established in 1992, IBA currently has 36 branches, 95 service outlets and 572 ATMs, and spans over 40 cities, according to the Gulf News report.

IBA belongs to the IBA financial group, which includes the International Bank of Azerbaijan-Moscow, International bank of Azerbaijan-Georgia, International Insurance Company, processing company Azericard and Jointleasing Leasing Company.

It has a BB+ rating from Fitch and a Baa2 rating from Moody's Investors Service.




Tags: banking | investment | finance | International Bank of Azerbaijan |

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