Azerbaijan Best Bank: International Bank of Azerbaijan
Azerbaijan I Kazakhstan I Kyrgyzstan I Uzbekistan International Bank of Azerbaijan wins the award for best bank in Azerbaijan. It’s the largest bank in the country, and is still growing. Last year, assets grew by 15%, and its profits for the first six months of 2005 were double the total for the whole of 2004. It also has a monopoly in the credit card market thanks to its Azericard business.