International Bank of Azerbaijan-Georgia

Joint Stock Company "International Bank of Azerbaijan - Georgia"

Trading name	JSC Bank "IBA - Georgia"
Native name	აზერბაიჯანის საერთაშორისო ბანკი - საქართველო
Type
Industry	Consumer and commercial banking
Founded	Tbilisi, Georgia (February 26, 2007 (2007-02-26))
Headquarters	Tbilisi, Georgia
Area served	Georgia
Key people	Emil Abasbayli, General Director Ali Hakverdiyev, Deputy General Director
Services	Currency conversion, money transfers, currency exchange, cash deposit, and credit services
Net income	199.3% 2012-2013 GELლ 4.3 million (2012) GELლ 1.05 million (2011)
Total assets	56.7% 2012-2013 GELლ144.9 million (2013) GELლ92 million (2012)
Total equity	GELლ22.7 million (2012)
Parent	International Bank of Azerbaijan
Website	ibar.ge
Footnotes / references

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. It is one of three Azerbaijani banks operating in Georgia. The bank is a member of the Association of Banks of Georgia.

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. The bank was founded by the International Bank of Azerbaijan (owns 75%), the Azerbaijan Industrial Bank (12.5%), and a private individual (12.5%).

The bank's leadership consists of executive management, the Supervisory Council, and the Board of Directors:

Source:

...
Wikipedia