International Bank of Azerbaijan

International Bank of Azerbaijan is the largest universal bank in Azerbaijan and in the region. With US$ 5.2 billion in assets, it is active in commercial banking, consumer lending, online banking, credit cards, insurance and leasing. It is half government-owned and, as the National Development Bank, is responsible for the economic diversification of Azerbaijan and its integration into the global economy. It has 37 domestic branches, a national electronic payments system of over 600 ATMs, international branches in Moscow, Saint Petersburg, Yekaterinburg, Tbilisi and representative offices in London, Frankfurt, Luxembourg, Dubai and New York.