The International Bank of Azerbaijan (IBA) has announced about its plans to expand its branch-banks abroad. According to Jahangir hajive, IBA President, the bank`s plans include the opening of the analogical branch agency like IBA-Moscow in Georgia, Trend reports. According to him, the decision has already taken, and that will happen very soon.
The branch-bank operating in Russia also expands its network. At present, IBA-Moscow has its branches in Saint-Petersburg, Yekaterinburg, and is about to open up to 10 of its additional offices in Moscow.
Earlier, IBA announced the plans to open its representative office in Turkey, Dubai, Luxemburg, and Ukraine.
At present, the bank has its representative offices in Germany and Great Britain. However, the bank is not about to content itself with it, and plans to extend its network both in FSU countries and far foreign countries.