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In January 2007 under the patronage of the Government of Azerbaijan the first bank with Azeri capital was opened in Tbilisi - JSC "International Bank of Azerbaijan - Georgia" (Bank "IBA-Georgia").

The parent bank and main founder of the Bank "IBA-Georgia" is the OJSC "International Bank of Azerbaijan" (IBA), Baku -  the largest bank in South Caucasus, which was founded in 1992 as a result of the Azerbaijani republican division of the Vnesheconombank of the USSR and currently owned by the state

The authorized capital of the Bank "IBA-Georgia" is 22 688 000 (twenty two million six hundred eighty-eight thousand) georgian lari.

The main objectives of the Bank "IBA-Georgia" in Georgia include: expanding range of the IBA Group operations and business, developing trade and economic relations between Azerbaijan and Georgia, servicing a large number of Azeri origin population, living in Georgia and implementing intergovernmental agreements between Azerbaijan and Georgia.

The main strategic goal of the Bank "IBA-Georgia" is to be universal, dynemic bank with a high degree of reliability, contributing to the success of its customers and providing them quality service.

  Currency Rates  
  USD 2.6620 2.7700 2.7303  
  EUR 2.7610 2.9200 2.8649  
  GBP 3.2275 3.4320 3.3574  
  RUB 0.0409 0.0463 4.5443  
  AZN 1.0500 1.5500 1.5136  
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Customer service central office
18, Bochorma str., 0144, Tbilisi, Georgia
Phone/Fax: (+995 32) 229 22 22
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