In November 2008 a Representative office of the International Bank of Azerbaijan in Dubai (United Arab Emirates, UAE) was opened.

Mission:

• Improvement and development of trade and economic relations between UAE and Azerbaijan
• Realization of mother company’s interests and search new opportunities for business expansion in UAE and other Gulf Countries
• Expansion IBA’s partners database by attracting new correspondents
• Improvement of the relationships with correspondent banks through finding and realization new projects and business opportunities

Activities:

• Improvement and development of trade-economic relations between UAE and Azerbaijan Republic
• Realization and preparation of projects related to the export financing from UAE to Azerbaijan
• Realization and preparation of structured projects
• Improvement of IBA’s relationships with correspondent banks and corresponding network optimization
• Improvement of terms and conditions for short-term financing (documentary business)
• Improvement and development IBA’s funding base by attracting new projects, products and investment mechanisms such as short-term, medium-tem and long term investment programmes (Syndicated Loans, Eurobonds, Assets Backed Secutiries)
• UAE banking market analysis (banking products, institutional development of UAE banks and etc.)
• UAE financial sector analysis (leasing, insurance business, assets management and etc.)
• Assistance and consulting of UAE and Azerbaijanian companies in order to find business counterparts in UAE and in Azerbaijan
• Expansion of relations with corresponded banks, companies, state organizations and holdings
• Operative decisions in relations with clients (problems solving, distribution of information, etc)
• Development of IBA’s subsidiaries network and intermediation of interest of subsidiaries in Gulf Countries
• Study of banking laws of UAE and analysis of opportunities for establishment IBA’s branch on basis of representative office

Salahuddin Road, Star Metro Hotel appartments, Ground floor shop №1
Tel.: 971 4 235 94 50
Fax: 971 4 235 8950