Following the results of the first half of 2008, the net profit of the International Bank of Azerbaijan (IBA) made 38,492mln manats, having increased for 73,7%, as compared to the same period of 2007.

Mediamax reports referring Trend that IBA concluded the first half of 2008 with assets of 3 635,8mln manats.

The credit portfolio of the bank made 2 602,1mln manats, the total volume of deposits of legal entities and individuals making 1949,376mln manats.

As of July 1, IBA has 36 branches, 578 cash-machines and 2 397 POS-terminals.