The International Bank of Azerbaijan (IBA) has become the owner of the international investment award “Investment Angel” in the nomination “For investment banking activity”.
WOD awards Investment Angel Award to Azerbaijan’s largest bank
Azerbaijan, Baku, December 1
The International Bank of Azerbaijan (IBA) has become the owner of the international investment award “Investment Angel” in the nomination “For investment banking activity”. The award was presented within the framework of the 4th Baku International Banking Conference of the CIS Member States.
The award has been awarded since 2010 by the World Organization of Creditors (WOC).
WOC is a non-commercial partnership for the association of creditors, which was founded in 2009 by organizations with many years of practical experience in the international financial market.
“When determining the laureate in this nomination, the expert council of the award considered the largest banks that carry out active investment activities not only in their countries but also in the CIS and other countries,” said a WOC representative at the award ceremony.
According to him, the expert council considers the winner of the award – the International Bank of Azerbaijan – one of the most worthy and promising banks in the CIS.
According to IBA Board Chairman Jahangir Hajiyev, this award is an award not only for the International Bank but also for the entire banking sector of Azerbaijan, which is the most dynamically developing sector of the country’s economy.
In addition, the Autonomous Republic of Crimea of Ukraine, the Karaganda region of Kazakhstan and the Oryol region of Russia became the laureates of the award in the nomination “The most dynamically developing entity in the CIS”.
These entities have the highest ratio of foreign investment inflows to GDP in 2011.