IBA representative office for International Bank of Azerbaijan in Dubai
The International Bank of Azerbaijan (IBA) is ongoing its network expansion outside of Azerbaijan.
The IBA press service said that Luxemburg central bank has already issued a permit for opening of the IBA representative office there.
“After study of the situation at the Luxemburg market, the IBA is to turn out its representative office in a subsidiary bank,” the IBA said.
Similar actions are expected in respect to the IBA representative office in Dubai.
The IBA representative office in New York (USA) is still undergoing process of licensing for bank activity,” the IBA indicated.
Today the IBA network around Azerbaijan includes 36 branches, 40 divisions and 54 service points. Source
The IBA press service said that Luxemburg central bank has already issued a permit for opening of the IBA representative office there.
“After study of the situation at the Luxemburg market, the IBA is to turn out its representative office in a subsidiary bank,” the IBA said.
Similar actions are expected in respect to the IBA representative office in Dubai.
The IBA representative office in New York (USA) is still undergoing process of licensing for bank activity,” the IBA indicated.
Today the IBA network around Azerbaijan includes 36 branches, 40 divisions and 54 service points. Source
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