41910-014: AZE: SUBORDINATED LOAN TO INTERNATIONAL BANK OF AZERBAIJAN (IBA)

Project Data Sheet (PDS): Overview

Description

The proposed loan will enable IBA to diversify and improve its capital structure so it can expand its operations in the SME and retail business while meeting National Bank of Azerbaijan's capital adequacy ratio requirements. Read More

Country Azerbaijan
Borrower/Equity Investment Name INTERNATIONAL BANK OF AZERBAIJAN
Project Number 41910-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7266
Approval Date 05 Nov 2007
Closing Date 12 Feb 2008
Geographical Location Azerbaijan
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

 

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