International Bank of Azerbaijan-Georgia
JSC Bank "IBA - Georgia" | |
Native name
|
აზერბაიჯანის საერთაშორისო ბანკი - საქართველო |
Joint-stock company | |
Industry | Consumer and commercial banking |
Founded | Tbilisi, Georgia (February 26, 2007 | )
Headquarters | Tbilisi, Georgia |
Area served
|
Georgia |
Key people
|
|
Services | Currency conversion, money transfers, currency exchange, cash deposit, and credit services |
|
|
Total assets |
|
Total equity | GELლ22.7 million (2012) |
Parent | International Bank of Azerbaijan |
Website | ibar |
Footnotes / references [1][2][3][4][5] |
The International Bank of Azerbaijan-Georgia ("IBA-Georgia" for short) is a subsidiary bank of the International Bank of Azerbaijan located in Tbilisi, Georgia, founded in 2007.[1] It is one of three Azerbaijani banks operating in Georgia.[6] The bank is a member of the Association of Banks of Georgia.[7]
History
According to the United States - Azerbaijan Chamber of Commerce, the bank was founded with 100 percent foreign capital. Initially, $7 million in authorized shares were issued upon the bank's founding.[8] The bank was founded by the International Bank of Azerbaijan (owns 75%), the Azerbaijan Industrial Bank (12.5%), and a private individual (12.5%).[9]
- 2010: IBA-Georgia began to issue VISA International bank cards.[3]
- 2011: The bank becamse a member of the Banking Association for Central and Eastern Europe (known as BACEE).[10]
- 2012: The bank reached an annual growth rate of 71.3 percent. The bank's loan portfolio grew from GEL 57.1 million to GEL 97.7 million between 2011 and 2012.[5] By 2012, the bank had 1,462 corporate and individual customers.[5]
- 2014: IBA-Georgia increased its net profit by 13 percent over the previous year.[11]
People
The bank's leadership consists of executive management, the Supervisory Council, and the Board of Directors:
Name | Position | Group |
---|---|---|
Ulvi Mansurov | Chairman of the Supervisory Council | Supervisory Council |
Hidayat Sultanov | Deputy Chairman of the Supervisory Council | Supervisory Council |
Yasin Jalilov | Member of the Supervisory Council | Supervisory Council |
Emil Abasbayli | General Director | Board of Directors |
Ali Hakverdiyev | Deputy General Director | Board of Directors |
Tamar Gogolashvili | Member of the Board | Board of Directors |
Emil Abasbayli | General Director | Executive Management |
Ali Hakverdiyev | Deputy General Director | Executive Management |
External links
- Banks in Tbilisi list by Info-Tbilisi Group
- Consumer reviews of IBA-Georgia at Companies-Reviews.com
- Swift Codes for International Bank of Azerbaijan - Georgia at Swift-Code.org operated by S.W.I.F.T. SCRL[lower-alpha 1]
See also
- Georgia (country)
- International Bank of Azerbaijan
- International banking
- List of banks in Georgia (country)
Notes
References
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