The Central Bank of Russia has permitted MBA-Moskva, a subsidiary of the International Bank of Azerbaijan in Russia, to increase its charter capital by 28 million manats (1.239 billion rubles), as decided by MBA-Moskva in June. This means that the capital will grow 2.4 times, Trend reports.MBA-Moskva was founded in 2002. The International Bank of Azerbaijan has assets worth $8.7 billion, 77 offices in Azerbaijan and abroad. It is the 34th largest bank of the CIS.
The Central Bank of Russia has permitted MBA-Moskva, a subsidiary of the International Bank of Azerbaijan in Russia, to increase its charter capital by 28 million manats (1.239 billion rubles), as decided by MBA-Moskva in June. This means that the capital will grow 2.4 times, Trend reports.
MBA-Moskva was founded in 2002. The International Bank of Azerbaijan has assets worth $8.7 billion, 77 offices in Azerbaijan and abroad. It is the 34th largest bank of the CIS.
