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    About bank » Ratings & awards

    In more than 17 year of its own activities The İnternational Bank of Azerbaijan earned trust and recognition of World Economic Community and evidenced, that the banks can and must be trusty. The achievements of our Bank are recognized by many international agencies and the awards affirms that:

    2010

    Chairman of Board of International Bank of Azerbaijan rewarded as “CIS Business Leader”

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA)

    Awarded as “Best Bank in CIS, Central and Eastern Europe” by emeafinance magazine (London, UK)

    Awarded for participation in “Best Sustainability Deal” by emeafinance magazine (London, UK)

     

    2009

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded first international banking award of "Platinum Key", founded in 2008 at the initiative of chief executives of banking associations of CIS countries.

    Awarded as “Best Bank in CIS, Central and Eastern Europe” by emeafinance magazine (London, UK)

    2008

    The international rating agency of Moody's Investors Service announce that since July 30 the evaluation of rating of the International Bank of Azerbaijan has been changed from "Stable" to "Positive". Other ratings of IBA, specifically: short-term with regard to deposits in a foreign currency - Not Prime, long-term with regard to deposits in a foreign currency – in the level ov the sovereign rating of Azerbaijan - Ba2, long-term in the national currency - Baa2, short-term in the national currency - Prime-2 (P-2), long-term rating of subordinated debt instruments in foreign currency - Baа3 and financial support rating (E+) are confirmed at the previous levels.

    Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    2007 In 6th of September the Fitch Ratings has increased the rating of issuer default ("RID") of the International Bank of Azerbaijan (IBA) from "BB" to "BB+" (BB plus) . The support rating of IBA is confirmed at level "3", and: short-term rating "B" and individual rating "D/E". Forecast on bank RID– "Stable".

    In February the Fitch Ratings has increased the rating of issuer default ("RID") of the International Bank of Azerbaijan (IBA) from "BB-" (BB minus) to "BB". The support rating of IBA is confirmed at level "3", and: short-term rating "B" and individual rating "D/E". Forecast on bank RID– "Stable". This rating reflects the higher capability of Azerbaijani authorities to support IBA is necessary, which is verified by recent increase of Azerbaijan’s RID to «BB+».

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    2006 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    Quality Recognition Award (in nomination “U.S. Dollar Clearing”) from Citigroup.

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    "Avropa Marketinq Tədqiqat Mərkəzi“ Beynəlxalq Assosiasiyasının Azərbaycanın bank sektorunun, ticarət münasibətlərinin, ölkənin idxal və ixracatının inkişafında və bank xidmətləri sahəsinin genişləndirilməsində əvəzsiz xidmətlərinə görə” mükafatı.

    In December The Moody’s Investors Service international ratings agency has assessed the rating of the International Bank of Azerbaijan. The long-term IBA rating in local currency is assessed at the level of Baa2, and short-term at Prime-2 (P-2). The long-term rating in foreign currency is assessed at Ba2, and short-term at Not Prime (NP). The financial support rating (FSR) is established at E+ level. Agency has provided the stable forecast of rating fluctuations. IBA ratings in foreign currency are limited as a result of assessment of general rating of Azerbaijan (Ba2/NP).

    Intellect-2006 awards established by “IT Magazine” (Baku, Azerbaijan) “For best IT implementation” and “For implementation of IT in information security of banking structures" nominations.

    2005 Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    Quality Recognition Award (in nomination “U.S. Dollar Clearing”) from Citigroup

    Beynәlxalq reytinq agentliyi Fitch Ratings ABB-nin reytinqini tәsdiq etdi: uzunmüddәtli sabit perspektivli “BB-”, qısamüddәtli “B”, fәrdi D/E vә reytinq dәstәyi “3”


    2004 Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    Quality Recognition Award (in nomination “U.S. Dollar Clearing”) from Citigroup.


    2003 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).


    2002 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    Awarded the Golden Medallion, an award established by the Business and Management Institute of Geneva and the Swiss Business Club.

    The Bank’s rating is upgraded to «B+ positive» by FITCH IBCA.


    2001 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).

    Awarded as the Best Bank in the World’s Emerging Markets (for the Central Caucasus region) by Global Finance magazine (New York, USA).

    2000 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).

    Awarded as the Bank of the Year in Azerbaijan by The Banker magazine (London, Great Britain).


    1999 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).


    1998 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).


    1997 Awarded as the Best Bank in Azerbaijan by Euromoney magazine (London, Great Britain).





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