tartine is a bakery in san francisco , california , located in the mission district , at 600 guerrero street ( at 18th street ) .

writing in the new york times , food columnist mark bittman called it his favorite bakery in the u.s .

in 2008 its owners , elisabeth prueitt and chad robertson , won james beard foundation awards as the best pastry chefs in america , after previously being nominated for this award in 2006 and 2007 .

tartine ( the word means open faced sandwich in french ) opened in 2002 , on the site of two previous bakeries ; its owners , prueitt and robertson , had previously run the bay village breads bakery in point reyes and mill valley .

after the success of their san francisco bakery they also opened the nearby bar tartine and have published a book of recipes from their bakery ( tartine , chronicle books , 2006 , isbn 978-0-8118-5150-3 ) .

as part of a may day demonstration and riot in 2012 , anarchists paint-bombed the bakery and broke its windows .

the anarchists shouted " yuppies out ! " in april 2015 , it was announced that tartine 's bakery operations would with merge with blue bottle coffee and that the bar tartine restaurant would be sold to its chefs .

however , the merger was called off later the same year .

tartine

“buying a loaf of tartine bakery’s bread is nothing less than a pilgrimage . . . ”
tartine bakery , 600 guerrero street at 18th , ( 415 ) 487 - 2600 ; urltoken .
chad robertson of tartine bakery and cafe is seen in their new space in the heath ceramics building .
blue bottle coffee and tartine bakery will not be merging , bringing a surprising end to their engagement .
“ tartine ” in le trésor de la langue française informatisé ( the digitized treasury of the french language ) .
“tartine manufactory , a magical place to eat pasta , bread , ice cream , and basically everything you ever wanted . ”
tartine began with a mission : bring bread with an old - soul into the lives of our friends and family in california .
in 2010 we published tartine bread . the baking community was in shock that we would share our secret to the iconic tartine country loaf . for us , the magic is in the endless thought and experimentation that goes into making each loaf ; learning to push the boundaries of what we do , so more people can enjoy it .
for tartine , it was the chance to use the coffee company’s infrastructure to build its brand . but robertson and prueitt will still expand in the coming year . they plan to open a restaurant / bakery , tartine manufactory , on 18th street in the mission district next spring , as well as projects in los angeles , new york and tokyo .
there are some striking parallels at the nearby bar tartine . prueitt did the design work herself , and has created a warm environment that conjures up places in new york ' s soho .
i first fell in love with tartine ' s scones last spring , when i was in town reporting a story , and several people insisted i get myself over there . logically , tartine ' s scones shouldn ' t be any better than anyone else ' s , because the recipe is pretty much standard : a ton of butter , some flour and sugar , not much else .
tartine is a thoughtful expression of modern craft through good food and warm experiences . we are a product of our communities and our friends . every morning bun and country loaf out of our doors reflects this .
d . 05bartartine _ 0337 _ db . jpg venison at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out
d . 05bartartine _ 0335 _ db . jpg salad at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out
d . 05bartartine _ 0338 _ db . jpg cod at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out
d . 05bartartine _ 0341 _ db . jpg dessert at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out
steve kopp , who formulated the wine list at bar tartine , must be a lover of esoteric , value - priced wines . his exciting list has some wines that will stump the average diner , and perhaps even oenophiles .
chad robertson of tartine bakery and cafe is seen in their new space in the heath ceramics building on friday , sept . 19 , 2014 in san francisco , calif . robertson hopes to open the space which will include a . . . more
d . 05bartartine _ 0352 _ db . jpg dining area to right of bar eating area bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out
d . 05bartartine _ 0032 _ db . jpg owners elisabeth prueitt and chad robertson in their new restaurant , bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf . . . more
d . 05bartartine _ 0350 _ db . jpg chef andy kitko smiles after preparing a dish in the kitchen at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf . . . more
there ' s a graciousness about the food and feel of bar tartine that translates to the service . the staff is generally helpful and knowledgeable , and on our visits prueitt was always on the floor , checking things out and bringing little almond meringues with the check .
fans of busy tartine bakery on guerrero street soon will have another cafe nearby in which to enjoy baked goods , sandwiches and pastries . owners chad robertson and elisabeth prueitt have leased the space that briefly housed urban forage , a vegan restaurant that closed about three months ago .
d . 05bartartine _ 0032 _ db . jpg owners elisabeth prueitt and chad robertson in their new restaurant , bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out less
san francisco now has one of the best french - style bakeries as well — run by , no less , a transplanted new yorker named elizabeth pruitt . the place is tartine bakery , and it is — like many things new and exciting — in the mission district .
d . 05bartartine _ 0350 _ db . jpg chef andy kitko smiles after preparing a dish in the kitchen at bar tartine . event on 1 / 18 / 06 in san francisco . darryl bush / the chronicle mandatory credit for photog and sf chronicle / - mags out less
the merger announcement turned heads in the northern california food world and beyond , as both companies appeared poised for global expansion , with projects in the united states and japan . for blue bottle , it was a potential opportunity to sell tartine bread and other pastries at its shops .
prueitt adds that while chefs have taken a liberal hand to recent interpretations of this french staple , tartine ' s recipe has stayed pretty true to its roots , though
we add finely chopped onions sweated in melted butter to our béchamel , which actually is a soubise .
the two popular bay area artisan food companies announced their union in april , but the partnership has fallen through . according to a statement from tartine owners chad robertson and elisabeth prueitt and blue bottle’s james freeman , the two sides “decided that remaining separate companies makes the most sense . ”
chad robertson of tartine bakery and cafe is seen in their new space in the heath ceramics building on friday , sept . 19 , 2014 in san francisco , calif . robertson hopes to open the space which will include a bakery , cafe and ice cream shop early next year . less
tartine ,
by elisabeth m . prueitt and chad robertson ( chronicle books , 223 pages , $ 35 ) , takes you to the kitchens and ovens of one of san francisco ' s premier bakeries and sets out to make the home baker into a master of breads and patisserie .
tartine bakery , 600 guerrero st . ( near 18th street ) , san francisco , ( 415 ) 487 - 2605 . open 7 : 30 a . m . - 7 p . m . tuesday - saturday and from 10 a . m . - 4 p . m . sunday .
in addition to tartine ' s signature pressed sandwiches , the new cafe will serve charcuterie , cheese plates and a few hot entrees .
there are lots of places like this in manhattan ,
prueitt says ,
where you can get something good to eat and a glass of wine .
in this version , luscious , creamy fromage blanc and chewy gruyère are mated with niman ranch applewood - smoked ham atop a thick slice of tartine ' s french bread , then crowned with béchamel sauce , a hint of nutmeg , and black pepper , and oven - toasted to a bubbly , crispy perfection .
after only three months , bar tartine is so popular that it ' s often like this - - standing room only . when customers call a day or two ahead for a reservation , they ' re lucky to get a 5 : 30 p . m . or 9 : 30 p . m . seating .
the manufactory is an idea that grew out of tartine and its ever - evolving philosophy on flavor , craft and human health . we hope the platform of collaboration allows many friends , thought leaders , chefs and farmers to challenge the industry , create beautiful food and improve the livelihoods of every link in the chain .
it was a pre - may day demonstration gone haywire ,
says mission mission editor allan hough of the group of hundreds of protesters who vandalized the mission last night until 11 p . m . the group ' s members , many of whom were dressed in black from head to toe , were caught paint bombing four barrel , locanda , and tartine bakery , painting anarchy symbols on the window at farina , breaking a window at bar tartine , and smashing the windows of other businesses and ( mostly luxury ) cars on their way to the police station . mission loc @ l has images of the damage inflicted to several restaurants .
the young threesome stood at the waist - high bar tables at bar tartine in the mission district , enjoying a three - course meal . i ' m not sure why there aren ' t bar stools - - maybe they take up too much room or maybe it ' s a trend in the making - - but the group didn ' t seem to mind .
later , after i snap out of it , i remember that i do have one tiny quibble with the presentation of tartine ' s crunchy sir , an addition that would vault it to the top three of my top five . throw a tart little cornichon on the side of my plate and i could easily die happy - - and thirsty - - on that desert island .
we will always continue experimenting and creating new books . sharing our learnings and of course our recipes along the way . we are so excited to share our latest book - tartine all day . elisabeth prueitt’s gift to home cooks everywhere . an all - in - one repertoire of wholesome , straight - forward recipes for the way we want to eat morning , noon , and night .
là , the croque monsieur . tartine takes the pedestrian parisian snack - - its literal translation is
crunch , sir
- - and elevates it to a whole new level . the place usually offers three varieties daily ( inventive adaptations that currently involve asparagus and caramelized onions , and roasted black and white trumpet mushrooms ) , but the traditional one , to my way of thinking , is the
last week , tartine bakery opened in the corner space once home to lady baltimore bakery and , before that , carl ' s bakery . the latest incarnation is from pastry chef elizabeth prueitt and baker chad robertson , the pair behind bay village breads . their first effort was wood - fire baking in point reyes . they went on to open the acclaimed bay village bakery in mill valley in 1999 .
anyone who has been to elisabeth prueitt and chad robertson ' s tartine bakery on guerrero street will understand the instant draw of the couple ' s full - service restaurant . the bakery ' s exquisite pastries and exceptional breads quickly vaulted them onto everyone ' s
best of
list . no one seems to mind standing in line , even if the counter staff seems to be in a constant state of disorganization .
desserts ( all $ 7 ) - - or anything else that comes from the bakery , such as the almost - charred bread - - are a strength . the espresso and chocolate pot de creme is reminiscent of tartine bakery ' s rich pudding that always ambushes my best intentions . the sticky date pudding is much better than it sounds , resembling a rich version of persimmon pudding , surrounded by a warm toffee sauce and a cool scoop of ice milk .
the partners haven ' t decided on a name yet , but hope to open the doors of the 1 , 600 - square - foot cafe at 561 valencia st . ( between 16th and 17th streets ) in mid - july . but this location will differ in that it will combine tartine ' s style of food with a wine bar . it will be open from 11 a . m . to 11 p . m . , with breakfast to be added later .
using a wood fired brick oven , chad robertson baked bread and elisabeth prueitt created rustic , elegant pastries using many of the techniques they had learned abroad . almost twenty years after opening tartine bakery , much has changed , but the quality remains . as we grow , our steadfast commitment to that bread with an old - soul deepens . so to does our commitment to challenge the status quo . to question how we work , bake and collaborate , and push to offer you more .
it could be that other bakeries don ' t use as much butter as they should , or it could be that tartine ' s ingredients are better : ms . pruitt and her husband , chad robertson — who works mostly on the bread side — insist they determinedly rely on local suppliers for nearly everything , and use organic ingredients whenever possible . in any case , the scones are tender ( ms . pruitt knows enough not to overhandle the dough , of course ) , they ' re crumbly , they ' re just sweet enough .
but i digress . the point is , tartine , the french bakery opened last summer by liz prueitt and chad robertson , who previously ran woodfire baking in point reyes and mill valley , makes so many things that might go on my desert ( and dessert ) island top five - - a nearly perfect croissant , chocolate bread pudding to make you weep , cake aux olives ( a slice of savory
cake
made with olives , gruyère , vermouth , and white wine ) , and a country french bread already legendary in some circles - - that it was downright painful to whittle the selection to the croque monsieur .
bar tartine 561 valencia st . ( near 16th street ) , san francisco ; ( 415 ) 487 - 1600 dinner 5 : 30 - 10 p . m . monday - wednesday , until 11 p . m . thursday - saturday . beer and wine . reservations and credit cards accepted . difficult street parking . overall : two and a half stars food : two and a half stars service : two stars atmosphere : two and a half stars prices : $ $ $ noise rating : bomb pluses : comfortable surroundings . mostly excellent savory courses and desserts . minuses : the staff ' s telephone manners can be lax when customers call for a reservation . the place is exceptionally noisy at peak times . on busy nights , the staff can lose its focus and the food can suffer .
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books06 _ local please photograph 7 local cookbooks , individually and in a group .
books06 _ nonlocal please photograph 7 non - local cookbooks individually , against white background , with shadow .
northern california is fertile ground for food writers and chefs to grow their crop of cookbooks , and recent weeks have seen a bumper crop that gives holiday gift - shoppers a wide choice .
the plumpjack cookbook ; great meals for good living ,
by jeff morgan ( rodale , 210 pages , $ 35 ) , is about as accessible as a chef / restaurant - based book can get . in laying out a breakfast - to - dessert road map for good eating in the style of the plumpjack group ' s restaurants ( including plumpjack and balboa cafes in san francisco and squaw valley , jack falstaff in san francisco , and farm and boon fly cafe in sonoma ) , veteran writer and winemaker morgan takes pains to avoid ingredients and techniques that might intimidate home cooks .
example : a recipe for orange and olive oil cake tells you how to segment oranges and lemons if you have good knife skills and how to process them in an easier manner if you don ' t . that cake , incidentally , is deliciously interesting , we found when we tested it that it could use 5 to 10 minutes more baking time .
many of the recipes fall into the comfort food category , and many are for whole courses rather than single dishes : southern fried chicken breasts with wild mushroom gravy and red vegetable hash ; rib - eye steak with red wine sauce , salt - roasted potatoes and blue lake bean salad ; beef carpaccio with lemon aioli , truffle oil and asparagus salad ; pan - roasted monkfish with basmati rice and coriander broth .
and in your glass
sidebars recommend suitable wines for all but a few dishes . one of those exceptions is the roasted banana muffins in the breakfast chapter , a dish that is as delicious as it is simple . i plan to use that roasting technique next time i make banana bread .
flash in the pan / stove - top cooking is a quick , cool and . . .
cooking in common / egged on / spring ushers in a bushel of . . .
prueitt and robertson , who acquired near - cult status soon after they baked their first artisanal breads , pastries , cakes and cookies in a tiny , ramshackle bake house in point reyes station , spare no detail in guiding their readers through the intricacies of the craft . one has to wonder , though , why they chose croissants as the lead recipe of the volume . these are the iconic breakfast pastry par excellence , but the recipe is daunting : five pages of print detailing step after step leading up to a perfect , buttery / flaky crescent .
fortunately , most recipes that follow are not nearly as labor - intensive . the yummy scones ? i can do those . ditto the galettes and tea cakes , and probably the fruit tarts , though the rose geranium leaves for the blackberry tart may be a tad hard to come by .
biba ' s italy : favorite recipes from the splendid cities ,
by biba caggiano ( artisan , 320 pages , $ 29 . 95 ) , is the next best thing to having the sacramento restaurateur and author be your tour guide through the great cities of italy and their most noteworthy restaurants .
the author of many cookbooks , caggiano is an easy writer who sprinkles her recipes with enough local color and humorous asides to please the armchair cook as much as the stove - side home chef . in the introduction to a fried baby artichoke recipe , for example , caggiano writes that in florence there is an old saying that everything fried is good , even the soles of shoes .
other cities visited in text and recipes include rome , bologna , milan and venice . a chapter of basic recipes and a list of sources conclude this charmingly designed book .
big small plates ,
by cindy pawlcyn , with pablo jacinto and erasto jacinto ( ten speed press , 370 pages , $ 35 ) , is the napa valley super chef and entrepreneur ' s praiseworthy - - and successful - - attempt to bring the small - plates trend into the home kitchen . you need several of these dishes to make a meal , and all of them are meant to be shared among family and friends . the book , pawlcyn ' s third , gives a great deal of credit to her coauthors , brothers from oaxaca who are chefs and partners in two of her napa valley restaurants mustards and cindy ' s backstreet kitchen .
the color photographs are earthy rather than artsy , which fits the robust fare : ahi and shiitake mushroom wontons in broth ; bubbly baked brie and asparagus with toasted hazelnuts ; salmon , halibut and scallop ceviche with coconut ; mini tres leches cakes with mexican chocolate sauce . at the end of the book , pawlcyn suggests menus for the four seasons and for a few themed parties .
although the authors draw on many ethnic inspirations , this is a quintessentially california book that fits our roving palates and casual life style .
coffee cakes : simple , sweet , and savory ,
by lou seibert pappas ( chronicle books , 132 pages , $ 18 . 95 ) , is a perfect stocking stuffer by this peninsula author known for thoroughly researched single - subject books . even a beginning cook might feel encouraged to try these generally uncomplicated recipes that range from standards - - banana , macadamia nut and coconut coffee cake , for example - - to the unexpected - - olive - herb - potato fougasse with black olives or italian cheese and herb pinwheels that would pair deliciously with a picnic salad or a cold - weather soup at supper .
esalen cookbook : healthy and organic recipes from big sur ,
by charlie cascio ( gibbs smith , 207 pages , $ 34 . 95 ) , highlights the cooking of this center that has been a shrine of the human potential movement since the mid - 20th century .
the esalen kitchen attempts to mirror the wholeness esalen strives to establish in the human experience , putting as much focus on the cooks and their connectedness to each other , their fellow esalen population and their self - image as on the ingredients . esalen is not devoted to vegetarianism , though there are many meatless dishes in the institution ' s daily menus and in this book .
esalen does promote organic food , until about half of what ' s served on site coming from the group ' s gardens and farm . though incorporating health - food items like sucanat ( dehydrated cane juice ) , cashew milk and whole - wheat flour , the food is by no means spartan , as evidenced by dishes such as smoked salmon spanakopita , herb - laced crab cakes , milan - style lasagna and cayenne - spiced chocolate tantric pie . tantric pie ? it ' s human potential embracing kitchen potential .
morning food ,
by margaret s . fox ( ten speed press , 202 pages softcover , $ 19 . 95 ) , is the second edition of the book first published in 1989 with recipes from fox ' s restaurant at the time , cafe beaujolais in mendocino . however , the book has been so completely revised , it might as well be a new publication .
the recipes may be different , but the philosophy is the same . without resorting to outlandish ideas , fox challenges the notion that morning food has to be limited to the narrow range of cereals , eggs , certain meats and pancakes and traditional breakfast pastries .
not that some of these don ' t find a place in her repertoire , but a banana - pecan waffle may be seasoned with cinnamon and nutmeg and parade as a sundae , topped with a scoop of ice cream and a pineapple sauce . eggs may change their usual profile and start the day in tofu - dressed egg salad sandwiches with a little crunch from walnuts . and as for pancakes , fox suggests berry - filled custard crepes . it ' s a book worth getting up for .
holiday shoppers looking for cookbooks - - the one - size - fits - all gift - - have a lot of choices this year . here are other recent standouts from non - bay area authors .
about professional baking ,
by gail sokol ( thomason delmar , 482 pages , $ 55 ) , is the next best thing to enrolling in a professional baking program . full of charts and color photographs both of finished products and techniques , this is a splendid working tool . interviews with baking pros from many regions add human interest and open up different perspectives besides those of the author . from the intricacies of yeast doughs to pate sablee and tempering chocolate , this volume tells all .
arabesque : a taste of morocco , turkey & lebanon ,
by claudia roden ( knopf , 342 pages , $ 35 ) , explores the sophisticated cuisines of these countries , which the cairo - born author knows intimately . roden , whose previous seven books ranged from jewish cooking to regional italian , puts the cuisines of these mediterranean regions into historic context , explaining such phenomena as the mezze culture and the tagine . realistic rather than over - styled color photographs add to the book ' s appeal .
baking : from my home to yours ,
by dorie greenspan ( houghton mifflin , 514 pages , $ 40 ) , is a seductive book . well organized , engagingly written and in a user - friendly format , it will tempt even reluctant bakers to tie on an apron and whip up something fragrantly delicious . there are few fancy terms here , but there are homey treats such as dimply plum cake , rugelach or caramel crunch bars . that is not to say that the hefty tome doesn ' t include some sophisticated fare : a chocolate armagnac cake with pecans and boozy prunes or a cranberry lime galette . a chapter on spoon desserts - - puddings , custards , crisps and ice creams - - complements the cakes , cookies , muffins and more .
black forest cuisine ,
by walter staib ( running press , 328 pages , $ 35 ) , proves that this picturesque southwest german region with its proximity to austria , france and switzerland , has a lot more to offer than cuckoo clocks and the ubiquitous black forest torte . staib , a native of the area , is the chef - owner of philadelphia ' s city tavern and has written two books of recipes from that historic restaurant . aside from tempting pastries , for which the region is famous , there are savory dishes such as carrot soup with tapioca , maultaschen ( a kind of black forest ravioli ) , pork goulash and sauerkraut in a casserole that shows hungarian influences , and a rich salsify gratin .
cradle of flavor ,
by james oseland ( norton , 384 pages , $ 35 ) , is a meticulously researched collection of recipes from indonesia , malaysia and singapore . oseland , the executive editor of saveur magazine , lived in the spice islands , where he immersed himself in the cuisine for two decades . this book does not compromise or westernize indigenous recipes , and the layout is , unfortunately , a trifle challenging , with recipes frequently requiring the user to turn pages . but if it ' s the real thing you want , this book delivers .
modern caribbean cooking ,
by wendy rahamut ( interlink , 322 pages , $ 35 ) , puts the spotlight on a vibrant cuisine that was a model of fusion long before that concept gained wide acceptance . utilizing the ample seafood and tropical fruit indigenous to the area , the cooking of these islands incorporates elements of amerindian , african , asian and european approaches , resulting in a lively , robust mix . rahamut , who lives in trinidad and is a food writer , television personality and cooking teacher , has adapted some traditional recipes to assuage today ' s nutrition concerns . for the most part , ingredients are widely available , though you might have to seek out ethnic markets for fruit such as sapodilla ( sapote ) or vegetables like taro and cassava .
whole grains ,
by lorna sass ( clarkson potter , 324 pages , $ 32 . 50 ) , is a fine primer for anybody eager to listen to the chorus of nutritionists - - including those who devised the new federal food pyramid - - recommending americans consume more whole grains . sass , award - winning author of books dealing with topics from food history to vegetarian and vegan cooking , explains the nutritional profile and characteristics of everything from amaranth to farro , spelt and teff . she follows this with general cooking instructions for specific grains and detailed recipes .
the following new cookbooks are among those that have been recommended in recent reviews in the food section and in book review . you can read those reviews by clicking on the links that accompany today ' s story on sfgate . com .
in great taste : fresh , simple recipes for eating and living well ,
by evelyn h . lauder
joy of cooking ,
75th anniversary edition , by irma s . rombauer , marion rombauer becker and ethan becker
the lee bros . southern cookbook ,
by matt lee and ted lee
instructions : preheat oven to 350° . oil two 9 x 5 - inch loaf pans with olive oil .
use a vegetable peeler to remove zest from 1 orange and the lemon . in a small saucepan , blanch zests in boiling water for 30 seconds . let cool , chop fine and reserve . peel remaining orange and discard skin . remove white pith from both oranges and the lemon . if you have good knife skills , slice each orange segment free from its membrane and chop segments into small pieces . otherwise , separate orange segments and chop them up . repeat with the lemon , removing membrane and seeds . reserve along with chopped orange segments .
in a large bowl , whisk eggs , sugar and salt until eggs are pale and doubled in volume , about 5 minutes . in another bowl , whisk together flour , baking powder and baking soda . mix in almonds . stir dry mixture into egg batter and blend thoroughly . add citrus zest and segments ; stir well . stir in olive oil until blended evenly .
evenly divide cake mix between loaf pans . bake for 35 - 40 minutes , or until cakes are firm and a toothpick inserted comes out dry . cool on a rack for 10 minutes , then turn out and cool completely .
per serving : 265 calories , 4 g protein , 30 g carbohydrate , 15 g fat ( 2 g saturated ) , 53 mg cholesterol , 189 mg sodium , 2 g fiber .
biba caggiano admits in
biba ' s italy
that she is not generally a great liver lover , but says she finds this venetian dish irresistible . she suggests serving it with grilled , fried or roasted polenta .
heat the oil in a large skillet over medium heat . when the oil is nice and hot , add the onions and cook , stirring with a wooden spoon , until soft and golden brown , about 25 minutes . with a slotted spoon , transfer the onions to a bowl , letting the juices and oil fall back into the skillet .
return the skillet to medium high heat and add 1 tablespoon of the butter . as soon as the butter begins to foam , add the liver without crowding ( cook in 2 batches if necessary ) and cook , stirring , until golden brown , about 3 minutes . season with the salt and pepper .
return the onions to the pan and stir until the onions and liver are thoroughly combined , 1 - 2 minutes . transfer the contents of the skillet to a warm serving platter .
add the remaining 2 tablespoons butter to the skillet and stir , scraping up the brown bits attached to the bottom of the pan . add the parsley , stir one or twice , and pour the butter sauce over the liver and onions . serve hot .
per serving : 485 calories , 34 g protein , 9 g carbohydrate , 34 g fat ( 8 g saturated ) , 636 mg cholesterol , 443 mg sodium , 2 g fiber .
from
big small plates ,
by cindy pawlcyn , with pablo jacinto and erasto jacinto .
to make the pancake dough : set your mixer up with the dough hook attachment . combine the flour and oil in the bowl , add the boiling water and mix until the dough comes together . turn the dough out onto a smooth , dry surface and knead until smooth . wrap the dough in plastic wrap while it ' s still hot and let rest at room temperature for 15 minutes .
after the dough has rested , roll it into a log and cut into 16 pieces . if you use a pasta machine , set it on number 4 and run each dough circle through once . reduce the machine to number 6 , give each circle a quarter turn , and run it through the machine one more time . you ' ll end up with thin pancakes , about 6 inches in diameter . alternatively , you could roll the dough out with a rolling pin till paper thin . ( the dough rolls out very easily with a rolling pin , as it is tender and moves well , so a pasta machine is not necessary . ) stack the pancakes between pieces of parchment paper or waxed paper , and refrigerate until needed .
to cook the pancakes : heat a dry griddle over medium heat . i usually use a stovetop cast - iron griddle or an electric griddle and make a batch of as many as will fit without touching . turn the pancakes back and forth until the dough is dry and no longer translucent , about 2 minutes . when they are finished they should be caramelized around the edges with a few brown specks . wrap them in a cloth napkin or kitchen towel and set them aside .
combine all sauce ingredients in a bowl and mix well . keep covered and refrigerate if you are making ahead .
trim the pork of all sinew and fat . working from the thin end of the tenderloin , cut the meat diagonally into thin slices ( you ' ll get oval pieces about 1 1 / 2 inches long ) . stack the slices , 4 or 5 of them at a time , and cut crosswise into 1 / 4 - inch strips or a bit less . keep refrigerated until needed . ( you can do this up to a day in advance . )
about 20 minutes before you ' re ready to serve , wrap the pancakes in a damp towel and warm them in a 375° oven for 10 - 15 minutes , checking now and then to see that the towel is still moist . meanwhile , prepare the filling .
for the filling : heat the oil in a very large pan over medium - high heat . when the pan is hot , stir - fry the pork in batches , adding oil as needed to coat the bottom of the pan , so the pork does not get steamy but is almost crisp . remove the meat from the pan and reserve . now toss the cabbage , peppers and celery into the pan and stir - fry just until hot , 30 seconds to 1 minute . don ' t overcook the vegetables - - they should still be crunchy . add just enough of the sauce to moisten the vegetables , and toss until well mixed . put the reserved pork back into the pan and cook until pork is heated through again . add more sauce if needed . add salt and pepper to taste . toss in the scallions and chopped cilantro at the very end .
place the pancakes on a flat surface . fill each with some of the mu shu filling and fold into a cone , tucking the small end under . place two mu shu burritos on each plate and garnish with the reserved cilantro sprigs .
per serving : 320 calories , 18 g protein , 36 g carbohydrate , 12 g fat ( 2 g saturated ) , 34 mg cholesterol , 835 mg sodium , 3 g fiber .
kingfish , a popular san mateo seafood restaurant with new orleans flair , is coming to san francisco . opened by the avenir restaurant group , kingfish ( 201 south b st . , at second avenue ) is now owned by kathy petrin , an original investor in avenir , and her brother , robert kirkbride .
the san francisco kingfish is scheduled to open around june 1 in the former location of vixi ' s and max ' s diamond grill , at 128 king st . ( between second and third streets ) , across from the ballpark and next door to momo ' s .
kirkbride said the food will be the same as in san mateo , serving lunch and dinner straight through with an all - day menu .
the partners are remodeling the current bar area , adding an oyster bar and moving the bar itself . the 200 - seat dining room will fan out from an 18th century fountain in the center , and , as in san mateo , the walls will be decorated with southern folk art .
the dining scene in mill valley has undergone two major changes . early last month , the revamped cascade bar & grill ( 44 e . blythedale ave . , near sunnyside avenue ) closed and will be replaced by a new restaurant from some of mill valley ' s buckeye roadhouse team .
bill higgins and bill upson of the real restaurants group , which owns the buckeye , in partnership with buckeye chef robert price and buckeye managing partner peter schumacher , will turn the former cascade space into bungalow 44 .
cascade had replaced mudbugs , which had replaced the beloved avenue grill . the food at bungalow 44 will be american comfort - - shades of the avenue grill .
we ' re going to make it cozy and comfortable ,
higgins says .
appetizers will be $ 7 - $ 11 ; entrees , $ 15 - $ 22 . the restaurant seats 60 inside , with 20 more seats on a patio , weather permitting . management is interviewing now for a chef de cuisine .
virtually across the street from bungalow 44 , first crush , a wine - oriented restaurant owned by shah bahreyni and shahram bijan , morphed last week into mi casa , a mexican restaurant concentrating on foods of the yucatan peninsula .
the chef will be mario velasquez , who worked at cafe marimba in san francisco and also at the now - closed ondine in sausalito . appetizers will be $ 7 - $ 9 ; two tamales are $ 7 - $ 7 . 50 ; two tacos are $ 6 . 50 - $ 7 ; and large plates are $ 11 . 95 - $ 13 . 95 .
bahreyni says they made the change because of the demand for family dining in mill valley . mi casa ( 24 sunnyside ave . , near blythedale avenue ) is open daily for lunch and dinner . the partners ' first crush in san francisco remains open at 101 cyril magnin st . , at ellis street .
adam timney , former chef de cuisine at eos and most recently chef at cityscape in the san francisco hilton , has rejoined chef arnold eric wong , this time at bacar ( 448 brannan st . , between third and fourth streets ) , which wong co - owns . not far away , at fringale ( 570 fourth st . , near brannan street ) , chef marc rasic has left to teach at the california culinary academy . his replacement is thierry clement , who worked with chef daniel patterson at elisabeth daniel and frisson .
clement will execute the tried - and - true fringale menu of duck confit , tuna burger and frisee salad , but will also reflect fringale ' s bistro style with specials such as coq au vin and short ribs braised in red wine ( both $ 19 ) . he ' s also created some interesting - sounding dishes like an appetizer of escargot served in fried potato cups ( $ 13 ) and star - anise - spiced pear tarte tatin ( $ 6 ) .
in the mission , chef marcella lew has left andalu ( 3198 16th st . , at guerrero street ) , and owner calvin schneiter is now behind the stoves . he says his chef de cuisine , alexandro rodriguez ,
will help run the kitchen .
before becoming an owner , schneiter cooked at boulevard and opened foreign cinema . on steuart street ' s restaurant row , jeremy james has hired chef katsuo nagasawa to replace departed chef shotario kamio at ozumo .
nagasawa , trained in both french and japanese cuisines , is probably best known for cafe de rey in marina del rey .
with nagasawa in charge , james hopes to expand the menu at ozumo , going beyond sushi and robata to include izakaya - - pub - style food , or small a la carte dishes that pair well with drinks .
real estate broker paul stanners , known as the man to see if you were selling or buying a restaurant in san francisco , passed away 10 days ago . he fought cancer for the last two years , but continued working on deals until the end .
in the 1970s , stanners co - owned a bookstore - bistro called vanity fair in embarcadero 3 . gary danko was his first lunch chef and worked for him for three years .
stanners was a terrific source of restaurant news , industry gossip and warm friendship . i will miss him foremost as the good friend that he was .
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even while standing , the group noshed its way through a citrus salad with radishes , almonds and olives ( $ 8 ) , mealy pommes pont - neuf with bearnaise sauce ( $ 6 ) , crisp potato sticks that are like creamy mashed potatoes inside and several main courses , all while drinking a bottle of wine .
the compact interior that seats 48 , plus 10 at the bar , is stylish and comfortable in an organic way . the long , narrow space is dominated by a large chandelier of elk antlers near the storefront windows . she used a discerning eye and picked up many of the fixtures on ebay , including two impressive globe - like metal sconces that flank the thick white marble bar . when combined with the worn dark - wood floor , polished walnut table and the original wood support columns , the room has that stylish lived - in look that ' s so popular today .
chef andy kitko , who worked at cafe boulud in new york and gary danko in san francisco , mans the utilitarian open kitchen adjacent to the bar . the pace is frantic , especially on a weekend , when hungry diners are backed up waiting for a table .
the crush has taken its toll on the new kitchen team , and the quality of the frequently changing menu can vary depending on the night . it ' s never bad , but it ranges from just ok items such as the lonely looking arancini ( rice balls ) stuffed with fennel , goat cheese and roasted red peppers ( $ 6 ) to spectacular combinations such as braised pork cheeks dusted with bread crumbs and poised on a mound of sparkling wine - braised savoy cabbage ( $ 13 ) .
presentations also run the gamut , from rustic braised lamb shank ( $ 20 ) in a pool of chickpeas , dates and harissa to a sophisticated roasted guinea hen ( $ 23 ) . that dish features slices of breast centered on a large white plate and fanned around a flattened ball of confit leg tightly wrapped in thick - veined cabbage . one night the blend was as refined as you ' d find at gary danko ; on another , the sauce was thick , chunky and over - salted , and the confit had a bland sweetness .
the kitchen consistently excels at salads , whether earthy mushrooms , lentils and frisee topped with a poached egg ( $ 13 ) , or a delicate hillock of young dandelion greens with soft fromage blanc , apple , fennel and prosecco vinaigrette , plated as you might expect to find in a tea room . the beet salad is equally stylized , pairing gorgonzola dolce , endive , pear and caramelized pecans ( $ 8 ) .
the chef ' s bold approach is spotlighted in several appetizers , including a pork terrine en gelee ( $ 8 ) where the mosaic - like slices are placed on grilled bread and served with sauce verte , pickles and mustard . kitko also blends fresh and earthy elements in a thinly sliced truffled salami served with a delicate salad of chicory shoots ( $ 12 ) .
pig ' s feet ( $ 12 ) in all their gristly , gelatinous glory are formed loosely into a patty fried to a mahogany hue and served with a generous dollop of gribiche tartare sauce flowing down the side . the combination is so rich that the accompanying herb salad is a welcome relief .
grilled baby octopus basquaise ( $ 13 ) brings three whole sea creatures floating in a chunky stew of red and yellow peppers and sausage coins . i cut off a generous bite and started to chew , and chew and chew . the flesh seemed to expand with each bite , leaving me with a feeling of trying to devour a dense wad of rubber bands .
the octopus was one of the least successful appetizers on my three visits ; one of the most successful was the house - smoked sable ( $ 14 ) . kitko lays the fatty white slices of fish over a potato salad and tops it all with creme fraiche and a jet - black mound of american sturgeon caviar . the juxtaposition was rich , light , earthy and refined . it shows off an elusive balance that distinguishes a great combination .
kitko generally offers about 16 starters and just five main courses . i loved the hearty flavors in the black bass ( $ 24 ) , two skin - on fillets seared to crispness and stacked over a mound of fennel , artichokes and lemon confit . the salmon displays some of the same rustic and light elements , with brussels sprouts , salsify and a coveted square of fatty belly confit ( $ 23 ) all brought together with a deftly made rich red wine sauce .
you can also see the fine - dining influence with the venison ( $ 24 ) , where the loin is served pleasantly rare , offset by potato puree and red wine - braised cabbage . a golf - ball size crepinette with a deep musty flavor adds a focal point to the plate .
shaker lemon tart , an inch - thick round of flaky pastry filled with thin slices of whole fruit , is sweet , puckery , slightly bitter and totally addictive . i ' m tired of the ubiquitous dense chocolate torte , but here it ' s done with finesse , served with delicate coins of candied kumquats and earl grey ice cream .
unfortunately , getting in the door isn ' t always as pleasant . i ' ve had three different friends tell me about poor or indifferent treatment when they called for a reservation or arrived at the restaurant . one was told to come at 5 : 30 and when the party arrived on time , the door was locked . the host was inside , but the staff left the confused diners standing at the door for about 10 minutes past opening time . another friend called for a weekend reservation and met with a snippy personality . on another occasion , my party made a same - day reservation for 6 p . m . and was asked for a credit card to guarantee it .
it ' s an attitude that ' s totally at odds with the rest of the experience - - a case of sour beginnings and sweet endings .
most wines are less than $ 40 , slightly below average markup . while they ' re not bargains , the wines are well selected , and most people are sure to find one they ' ve never heard of , much less tasted .
there are 18 wines by the glass and 14 aperitif and dessert wines , a hefty number for a 48 - seat restaurant . the eight whites , priced from $ 6 . 50 to $ 12 . 75 , are from all over the globe : napa , sacramento , burgundy , loire , australia , new zealand and italy .
in sparkling wines , kopp not only offers the required champagnes , but also lambrusco , sparkling shiraz , prosecco and a frissant wine from france .
all price ranges are represented , from the popular 2005 woop woop verdelho ( $ 24 ) to the coveted 2003 torbreck
struie
shiraz ( $ 82 ) . in all , there are about 100 bottle selections .
in the domestic category , kopp offers some real talkers : 2003 topanga vineyards grenache blanc from the sacramento delta ( $ 34 ) ; 2003 stubbs vineyard chardonnay from marin county ( $ 42 ) ; 2003 tablas creek esprit de beaucastel rhone blend from paso robles ( $ 30 for a half - bottle ) and 2001 babcock vineyards
moda toscana
sangiovese ( $ 38 ) .
the knowledge of the staff varies , but when we asked about one by - the - glass selection , the waiter offered a taste . on another occasion , the waiter encouraged diners next to us to order something they hadn ' t tried , saying that if they didn ' t like it , the wine would be replaced .
with an attitude like that , there ' s nothing to lose . and why would you want to spend $ 18 to bring your own ?
: excellent two stars : good one star : fair ( box ) : poor $ inexpensive : entrees $ 10 and under $ $ moderate : $ 11 - $ 17 $ $ $ expensive : $ 18 - $ 24 $ $ $ $ very expensive : more than $ 25 prices based on main courses . when entrees fall between these categories , the prices of appetizers help determine the dollar ratings . one bell : pleasantly quiet ( under 65 decibels ) two bells : can talk easily ( 65 - 70 ) three bells : talking normally gets difficult ( 70 - 75 ) four bells : can only talk in raised voices ( 75 - 80 ) bomb : too noisy for normal conversation ( 80 + ) chronicle critics make every attempt to remain anonymous . all meals are paid for by the chronicle . star ratings are based on a minimum of three visits . ratings are updated continually based on a least one revisit .


the international bank of azerbaijan is a global financial institution serving consumers , pensioners , small businesses , multi-national corporations and investors .

the bank enjoys a unique position in the history of its nation : the institution has played a key role in bringing the country of azerbaijan , a “ new ” country with an ancient heritage and culture , into the 21st century ’s global economy .

international bank of azerbaijan

it is necessary to note that international bank of azerbaijan is the only bank in azerbaijan receiving this award .
by the decision of supervisory board of
international bank of azerbaijan
mr . emil abasbayli was appointed as a general director of international bank of azerbaijan – georgia
director of economic analysis and development of foreign relations department , international bank of azerbaijan .
jalal orujov was appointed managing director of the international bank of azerbaijan in 2017 .
the process of privatization of the international bank of azerbaijan ( iba ) requires some preparation .
– azerbaijan international university , master degree in “international economic relations” , honors diploma .
vasif ahmadov eldar was appointed managing director of the international bank of azerbaijan in 2016 .
iba banking is the internet application from the international bank of azerbaijan . iba banking gives to the bank customers an opportunity for making rapid bank operations without coming to the international bank of azerbaijan office .
cargill is the international bank of azerbaijan’s largest creditor , owed $ 715 million .
brief - international bank of azerbaijan files for court protection in u . s .
creditors of the international bank of azerbaijan ( iba ) adopted a plan of voluntary restructuring of its obligations .
mr . murad shiraliyev was appointed deputy chairman of the board of international bank of azerbaijan in 2015 .
mr . agshin amirov was appointed deputy chairman of the board of international bank of azerbaijan in 2016 .
the international bank of azerbaijan ( iba ) has launched the process of voluntary restructuring of its obligations .
the international bank of azerbaijan ( iba ) remains the leading bank in azerbaijan , and the government continues to be its largest shareholder .
the number of members of the supervisory board of the international bank of azerbaijan has decreased from seven to five .
brief - international bank of azerbaijan files for court protection in u . s . | reuters
mr . abbas ibrahimov was appointed first deputy chairman of the management board of international bank of azerbaijan in 2017 .
chairman of the management board of the national bank of the republic of azerbaijan at the order of the president of the republic of azerbaijan .
the seventh international banking conference of the commonwealth of independent states ( cis ) concluded its work in baku , azerbaijan , the international bank of azerbaijan said monday . read more »
the international bank of azerbaijan subsidiary in georgia iba - georgia won investment awards in several categories .
assets of the
international bank of azerbaijan - georgia
for year 2014 increased by 20 . 5 %
director of banking supervision department , the central bank of the republic of azerbaijan .
, february director of department , the national bank of the republic of azerbaijan .
the international bank of azerbaijan ( iba ) is the authorized bank of the second baku shopping festival , which started on october 15 .
the need to transfer azmeco to socar arose due to azmeco’s debts to the international bank of azerbaijan .
the international bank of azerbaijan has over 750 , 000 customers in azerbaijan and abroad and says it provides a critical economic link between azerbaijan and the rest of the world .
the international bank of azerbaijan is the state - controlled bank operating in the republic of azerbaijan . headquartered in baku , the bank consists of 36 branches and 95 service outlets in more than 40 cities .
governor of the central bank of the republic of azerbaijan for a 5 - year term . administrator for azerbaijan at the world bank group .
international bank of azerbaijan was granted with “investment angel” award established by the world organization of creditors in nomination “on the investment - banking activity” within the framework of the 4th international bank conference .
international bank of azerbaijan ( iba ) is the first european bank to present the qibla card which corresponds to the rules of islamic banking .
the restructuring of the international bank of azerbaijan ( iba ) will not affect the ratings of azerbaijan’s state oil company socar and azerenergy jsc , according to a report of the international ratings agency fitch ratings .
deputy chairman of azerbaijan’s state committee for property affairs rustam shahbazov has replaced sahil babayev at the supervisory board of the international bank of azerbaijan ( iba ) .
member of the management board in the national bank of the the republic of azerbaijan .
the bank operates under license № 245 of 25 october 2002 , the central bank of the republic of azerbaijan .
iba and ministry of finance of azerbaijan start debt operation at azerbaijan’s largest bank with investor presentation in london .
member of the management board of the national bank of azerbaijan by the order of “milli meclis” .
assets of the
international bank of azerbaijan - georgia
for year 2014 increased by 20 . 5 % - georgianjournal
the international bank of azerbaijan has been operating since 1992 and is one of the country’s two state - owned banks .
the international bank of azerbaijan signed an agreement on long - term cooperation with microsoft as part of microsoft enterprise agreement .
the international bank of azerbaijan , the major state - owned bank holding at least 40 percent of all bank assets in the country , is expanding its range of islamic payment cards .
jalal orujov is appointed to the position of chief technology officer ( cto ) of the international bank of azerbaijan ( iba ) .
elmar mammadov was elected the chairman of the board of the international bank of azerbaijan in accordance with the decision of the bank ' s shareholders ' meeting july 22 .
the preparation period for the privatization of international bank of azerbaijan ( iba ) may be as long as five years , fitch ratings international rating agency said with the reference to the bank .
dr . jahangir hajiyev , chairman of the international bank of azerbaijan ( iba ) described the signing of the contract as
crucial for the petrochemical industry of azerbaijan .
first deputy chairman of the management board ; the national bank of the republic of azerbaijan .
governor of the central bank of the republic of azerbaijan for a 5 - year term .
– deputy director , department of researches , the national bank of the republic of azerbaijan .
socar bought a plant from aqrarkredit cjsc non - bank credit institution in accordance with a decision of azerbaijan’s cabinet of ministers . ( aqrarkredit cjsc manages the distressed assets of the international bank of azerbaijan ) .
fitch ratings downgrades lt int . scale ( foreign curr . ) credit rating of international bank of azerbaijan to
rd
economist , deputy chief and chief accountant , international calculation department on central operations office of the national bank of the republic of azerbaijan .
after the adoption of the plan for the restructuring of external debts of the international bank of azerbaijan ( iba ) by foreign creditors , moody ' s upgraded the ratings of the bank .
azerbaijan rattled international investors this month when the country’s biggest lender , international bank of azerbaijan , announced it lacked the funds to pay bondholders and filed for bankruptcy protection in a new york court .
the international bank of azerbaijan ( iba ) has appealed to the nasimi court of baku to extend the term of restructuring of liabilities to foreign creditors .
head of off - site division of banking supervision department , the central bank of the republic of azerbaijan .
chief economist , banking supervision department , the central bank of the republic of azerbaijan .
– director , strategic management department , the central bank of the republic of azerbaijan .
the media consulting and services ( mc & s ) company recently ranked the international bank of azerbaijan the country ' s top bank . read more »
the activity of the international leasing company , a subsidiary of the international bank of azerbaijan ( iba ) is unsatisfactory , chairman of the iba management board khalid ahadov told reporters in baku june 21 .
socar , the state energy company of azerbaijan attracts 200 million manats ( $ 131 . 7 million ) from the international bank of azerbaijan ( iba ) for 2016 .
“we are proud to be working in a country of great potential such as azerbaijan and to collaborate with an organisation as prestigious as the international bank of azerbaijan . ”
azmeco for the debts was handed over to aqrarkredit cjsc non - bank credit institution in accordance with a decision of azerbaijan’s cabinet of ministers . ( aqrarkredit cjsc manages the distressed assets of the international bank of azerbaijan ) .
cargill was one of nine providers of trade finance credit to the international bank of azerbaijan ; the rest are banks , mostly based in europe .
peachline developed the creative concept for the credit campaign of the international bank of azerbaijan : a small card , which provides great opportunities .
the international bank of azerbaijan ( iba ) and one of the world’s most famous football clubs , juventus , signed a cooperation agreement .
the international bank of azerbaijan ( iba ) announced that the number of pensioners with deposits in the bank increased by 6 , 300 people as of the beginning of 2015 . read more »
tby talks to jahangir hajiyev , chairman of the board at the international bank of azerbaijan , on its focus on retail banking , plans for international cooperation , and the development of islamic finance .
head of division in and deputy director of the credit institutions supervision department of the national bank of the republic of azerbaijan .
head of supervision of it and payment systems division of banking supervision department , the central bank of the republic of azerbaijan .
the international bank of azerbaijan ( iba ) announced on tuesday that it has been successful in implementing mortgage projects requested by the central bank . read more »
head of off - site supervision division of banking supervision department , the national bank of the republic of azerbaijan .
the international bank of azerbaijan ( iba ) has won in the nomination
bank - leader in development of e - commerce
in a contest held by the central bank according to the results of 2015 , the bank said april 28 .
two banks of azerbaijan , bank standard and the international bank of azerbaijan are in talks to merge their assets within the framework of the plan on consolidation of azerbaijan’s banks , a source on the country ' s banking sector told trend news agency on april 21 .
– deputy director , department of researches and statistics , the national bank of the republic of azerbaijan .
– director of the center for research and development , the central bank of the republic of azerbaijan .
, deputy director and director of banking supervision department , the central bank of the republic of azerbaijan .
– leading economist , monetary policy department , the national bank of the republic of azerbaijan .
headquartered in baku , azerbaijan , international bank of azerbaijan reported consolidated total assets of azn5 . 46 billion and total equity of azn 350 . 5 million under audited ifrs as h1 2012 .
the international bank of azerbaijan ( iba ) has prepared a special offer for all those wishing to get a visa gold card .
the international bank of azerbaijan ( iba ) was for the eighth time named the best in the region by prestigious magazine euromoney .
the international bank of azerbaijan ( iba ) announced that its subsidiary international insurance company ( iic ) was named as the country ' s top insurer on monday . read more »
the international bank of azerbaijan , the country’s largest lender , and the european investment bank signed a loan agreement worth 50 million euros in luxembourg on september 16 .
16 . international monetary fund , international financial statistics ( washington : imf , various issues ) .
world bank . 2005 . bank corporate governance in azerbaijan : survey results ( azerbaijani ) . washington , dc : world bank . urltoken
the agreement opens broad prospects for cooperation between the international bank of azerbaijan and microsoft , promotes the introduction of innovative technologies and the optimization of bank processes . the operator of the project is softlineinternational .
joseph m . owen , world bank country manager for azerbaijan , on the bank ' s relationship with azerbaijan and its development assistance programs .
the international bank of azerbaijan ( iba ) at the next stage of the recovery process started voluntary restructuring of liabilities to foreign creditors of the bank , as a result of which the international rating agencies fitch and moody ' s revised the rating of the iba , apa reports quoting the press service of the bank .
law of the republic of azerbaijan on the central bank of the republic of azerbaijan determines the legal status of the national bank of azerbaijan republic , its purposes , functions , responsibilities , including administration and organizational structure , and regulates the relationship between the central bank and other state authorities .
the assets of the
international bank of azerbaijan - georgia
(
iba - georgia
) as of january 1 , 2015 amounted to 145 . 9 million lari , increasing by 20 . 5 percent . this is stated in the press service of the international bank of azerbaijan on tuesday .
moody ' s investors service , (
moody ' s
) today assigned counterparty risk ratings ( crr ) to the following five azerbaijani banks : ojsc bank of baku , international bank of azerbaijan , joint stock commercial bank respublika , kapital bank ojsc and ojsc xalq bank .
headquartered in baku , azerbaijan , international bank of azerbaijan reported consolidated total assets of azn6 . 2 billion , total equity of azn 416 million and net profit of azn53 million under audited ifrs as at ye2012 .
moody ' s rating action is largely based on international bank of azerbaijan ' s audited financial statements for 2013 , prepared under ifrs .
central bank of azerbaijan’s currency reserves will make up $ 6 . 5 billion in 2018 , international monetary fund said in its report .
moody ' s rating action is largely based on international bank of azerbaijan ' s audited financial statements for 2012 , prepared under ifrs .
the international bank of azerbaijan ( iba ) , which is undergoing the procedure of voluntary restructuring of its loan liabilities to external lenders , started sales of its foreign assets .
the moscow branch of the international bank of azerbaijan ( iba - moscow ) has partially repaid its loans from a syndicate of russian financial institutions , the bank announced on wednesday . read more »
garaisayev has been appointed the chairman of the supervisory board at iba - moscow , a subsidiary of the international bank of azerbaijan in russia , the source said .
inspector at azerbaijan republic bureau of the ussrstate bank , chief inspector in supervision department .
currency exchange - silk way bank and international bank of azerbaijan offer full - service banking , including currency exchange . location : t2 , south section . hours : unknown .
the international bank of azerbaijan ( iba ) reported on thursday that the bank ' s islamic banking loans have increased 1 . 5 times from early 2014 . read more »
the international bank of azerbaijan ( iba ) said thursday that in the first 10 months of 2014 , its customer base increased significantly . read more »
the central bank holds and manages international gold – foreign exchange reserves at its disposal .
pasha bank is azerbaijan ' s leading corporate bank . the bank offers a range of standard financial services , including investment banking , trade financing and asset management
according to the center for economic analysis , “ria - analysis” research the only one bank from azerbaijan - international bank of azerbaijan was included in the top 50 largest banks of cis countries , with 33rd place in the ranking .
in more than 17 year of its own activities the international bank of azerbaijan earned trust and recognition of world economic community and evidenced , that the banks can and must be trusty . the achievements of the bank are recognized by many international agencies and the awards .
post of the head of azerbaijan ' s largest bank has been vacant since march 18 , 2015 after jahangir hajiyev resigned from his post for health reasons . he has held the post of the chairman of azerbaijan ' s international bank since march 2001 .
the international bank of azerbaijan ( iba ) said on thursday that its assets grew by 22 . 7 percent in 2014 . read more »
juventus has today presented a new regional partnership with international bank of azerbaijan during a press conference held in the country’s capital city , baku .
azerbaijan is a member of the international bank for reconstruction and development ( ibrd ) , the world bank , the european bank for reconstruction and development ( ebrd ) , the international monetary fund ( imf ) and the asian development bank ( adb ) . azerbaijan is not yet a member of the world trade organization , but its accession talks continue .
moody ' s says that international bank of azerbaijan benefits from a high probability of systemic support , based on its 50 . 2 % government ownership , large market shares and systemic importance for azerbaijan ' s economy . as a result , international bank of azerbaijan ' s deposit ratings of ba3 benefit from a three - notch uplift from its b3 bca . the outlook change to stable from negative on international bank of azerbaijan ' s supported ratings is driven by the change in outlook on the bank ' s standalone bfsr .
* interest rates of all deposits , which accomodate from individuals at the international bank of azerbaijan in manats will be applied from 1th of march as per aforementioned schedule .
the georgian branch of the international bank of azerbaijan ( iba ) on tuesday reported assets growing by 20 . 5 percent over the course of 2014 . read more »
international bank of azerbaijan ' s ratings benefit from moody ' s assessment of a high probability of systemic support , based on the bank ' s 50 . 2 % government ownership , large market shares and systemic importance for azerbaijan ' s economy . as a result , international bank of azerbaijan ' s ba3 deposit ratings benefit from a three - notch uplift from its b3 bca . .
with total costs of $ 330 million , the project is co - financed by the international bank of azerbaijan . a part of the ebrd loan will be syndicated under the bank’s a / b structure .
the moscow branch of the international bank of azerbaijan ( iba - moscow ) has been selected as one of the most strategically significant financial institutions in russia , the bank announced on monday . read more »
the work on the improvement of the international bank of azerbaijan ( iba ) continues , finance minister samir sharifov said in an interview with ans tv channel .
pasha bank successfully passed visa international and mastercard international payment systems safety certification and , as a result , safety of card payments is ensured at high level .
– leading specialist – translator , ministry of agriculture of the republic of azerbaijan .
london , may 16 ( reuters ) - dollar bonds issued by the international bank of azerbaijan fell on tuesday after the moody’s agency downgraded its credit rating in light of the bank’s debt restructuring .
headquartered in baku , azerbaijan , international bank of azerbaijan reported consolidated total assets of azn7 . 7 billion , total equity of azn 591 million and net profit of azn59 million under audited ifrs as at year - end 2013 .
mr . e . habibullayev was appointed deputy chairman of the board at the international bank of azerbaijan in 2016 . in 2013 - 2016 e . habibullayev was managing director at the international bank of azerbaijan . in 1998 - 2013 , held different positions at the corporate and documented transactions , corporate customers service and development of retail business departments of the international bank of azerbaijan . in 1996 - 1998 , e . habibullayev worked at different positions at saltanat commercial bank and imperobank . graduated from the azerbaijan state economic university with a degree in finance and credit .
– head of the economic research and forecasting division , research department , the national bank of the republic of azerbaijan .
as of january 1 , 2018 socar’s deposits and funds in the international bank of azerbaijan reached 1 . 505 billion , up 30 . 4 % from 2016 .
compared with this point in 2013 , net income at the georgian branch of the international bank of azerbaijan ( iba - georgia ) nearly tripled . read more »
the international bank of azerbaijan signed a deal with tehran on the allocatio of a $ 500 - million loan for the construction of the rasht - astara railway section , azerbaijan’s deputy minister of roads and urban development ali noorzad said .
the international bank of azerbaijan ( iba ) plans to complete the transfer to the state its distressed assets that remained on the balance sheet of the bank , restructure liabilities and determine the strategy of the activities of affiliated banks .
member of the management board of the national bank of azerbaijan for the second 5 - year term by the order of “milli meclis” .
in august 2007 , international investment bank ( iib ) acquired an indirect 49 % stake in amrahbank azerbaijan equivalent to a usd 20 mm investment in the bank . amrah bank is a fast growing commercial bank in azerbaijan established back in 2003 with key focus areas being retail and corporate banking .
baku , december 4 ( azertac ) . the international bank of azerbaijan ( iba ) took the 38thposition in the ranking of business new europe magazine “top 200 banks of eurasia” .
london , 20 march 2012 - - the following release represents moody ' s investors service ' s summary credit opinion on international bank of azerbaijan and includes certain regulatory disclosures regarding its ratings . this release does not constitute any change in moody ' s ratings or rating rationale for international bank of azerbaijan .
fitch ratings affirms international bank of azerbaijan at
b -
( lt int . scale ( foreign curr . ) credit rating ) ; outlook stable
the international bank of azerbaijan ' s ( iba ) moscow branch has announced that it has paid off its financial obligations to creditors . read more »
the banker british magazine included iba in the top 1000 most powerful and financially sustainable banks in the world . “international bank of azerbaijan” took 958th place .
non - cash settlements by the use of plastic cards of «bank of baku» - is a universally recognized achievement of the bank . regulator of the local banking sector – central bank of the republic of azerbaijan – on several occasions awarded to «bank of baku» the first ranking in the category of non - cash settlements .
tby talks to farid akhundov , ceo of pasha bank , on the bank ' s first five years , expansion plans , and international operations .
the international bank of azerbaijan ( “ iba ” ) has been working closely with the ministry of finance of azerbaijan ( the “ ministry of finance ” ) , the financial market supervision authority of azerbaijan ( “ fimsa ” ) and the central bank of the republic of azerbaijan to address issues relating to iba’s financial position and the sufficiency of its regulatory capital in accordance with the objectives of the presidential decree dated 15 july 2015 .
the international bank of azerbaijan is a national development bank , significantly contributing to the stability of azerbaijan ' s banking system , people ' s trust to it , both domestically and abroad , and to the country ' s socio - economic development .
the international bank of azerbaijan ( iba ) optimizes its business processes in frames of its new business strategy . the bank also renewed its documentation system . the iba moves to office 365 for this purpose .
economist , senior economist , supervision division no . 3 of banking supervision department , national bank of the republic of azerbaijan .
tby talks to jahangir hajiyev , chairman of the board at the international bank of azerbaijan ( iba ) , on major accomplishments , growing deposits , and islamic banking .
fitch ratings upgrades lt int . scale ( foreign curr . ) credit rating of international bank of azerbaijan to
b -
from
rd
; outlook stable
bank of baku was established in 2005 following the merger of two private banks – bank of baku ojsc and ilkbank .
nothing on this website ( or any website to which this website refers , whether by hypertext links or otherwise ) constitutes an offer of or an invitation by or on behalf of ojsc international bank of azerbaijan ( the “ bank ” ) or the republic of azerbaijan to subscribe for or purchase any securities of the bank or the republic of azerbaijan where making of such offer or invitation would be unlawful .
iba has won the first international contest “banks of the cis , baltic countries , georgia - 2010” in the category “the best technological bank” . iba chairman jahangir hajiyev was awarded the “banker of the year” in the “best banks of guam - 2010” contest . this is the 44th award given to the international bank of azerbaijan by international institutions since 2002 .
to note , the international savings day was first held in october , 1924 in milan , italy at the international congress of 29 countries . the celebration of the day was initiated in azerbaijan by the central bank in 2012 .
e international bank of azerbaijan ( iba ) said on friday that it has signed a memo of understanding and an agreement of cooperation with sberbank , based in russia . read more »
in more than 15 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 .
fuad islamov was appointed senior director of the international bank of azerbaijan in 2011 . in 1992 - 2011 , held various positions at the foreign trade financing , corporate and documented transactions , corporate customers service , and development of corporate business departments of the international bank of azerbaijan . in 1991 - 1992 , f . islamov worked at the state research and design institute of azerbaijan and at the foreign economic bank of ussr . graduated from state economics university of azerbaijan with a degree in planning and organization of non - economic relations and from state university of oil and industry of azerbaijan with a degree in engineering .
– head of macroeconomic analysis and inflation review division , department of economic researches and forecasting , the national bank of the republic of azerbaijan .
all rights reserved . wholesale islamic bank licensed and regulated by the central bank of bahrain .
the international bank of azerbaijan is a universal and modern - technology - oriented bank which effectively creates opportunities for individuals and organizations , both in azerbaijan and other countries where azerbaijanis live , to benefit from a wide range of high - quality banking services .
ojsc international bank of azerbaijan ( “ iba ” ) announced today that the claimants’ meeting in relation to its ongoing restructuring will be held on 18 july2017 .
the central bank held a traditional ordinary meeting with the participation of the representatives from the state social protection fund ( sspf ) , the international bank of azerbaijan ( iba ) and the capital bank on improving the bank services on delivery of pensions and allowances to the population and discussing the existing problems .
baku , nov 10 ( reuters ) - the state - owned international bank of azerbaijan said it raised over $ 200 million in a syndicated loan from international investors to use for corporate and trade - related needs .
– chief economist , economic researches division , monetary policy department , the national bank of the republic of azerbaijan .
tby talks to elman rustamov , governor of the central bank of azerbaijan republic , on monetary and financial policy .
the international bank of azerbaijan will soon issue the first tranche in the amount of 1 . 86 billion manats to the state oil company of azerbaijan , said sulayman gasimov , socar vice - president for economic issues on october 15 .
the presidential elections set for 2013 are being held against the backdrop of azerbaijan ' s growing stature in international affairs .
the international bank of azerbaijan is planning to closes branches in georgia and russia throughout 2017 as part of a plan to restructure over $ 3 . 3 billion in debts .
moody ' s rating action is largely based on international bank of azerbaijan ' s audited financial statements for 2011 and the first six month of 2012 , prepared under ifrs .
the international bank of azerbaijan was founded in january 1992 . azerbaijani ministry of finance is the main shareholder of the bank with 51 . 07 - percent share , while the remaining share is owned by individuals and legal entities .
according to the magazine , “in 2012 , the net profit of the international bank of azerbaijan increased by 80 % and amounted to azn 43 . 4 million , active and loan portfolios grew by 17 . 5 % and 22 % , respectively . as a symbolic recognition of the achievements , the international bank of azerbaijan was awarded as the best local bank in the category “best bank in cis , central and eastern europe” .
the decline in azerbaijan’s legitimate lending sector and new rules introduced by the central bank resulted in the rise of loan sharks and pawn shops , analysts contend . ( photo : central bank of azerbaijan )
the iba - georgia bank was established in 2007 with the active support of the government of azerbaijan and georgia , the main founder of the iba - georgia bank is the international bank of azerbaijan . it is the biggest financial institution not only in the south caucasus , but also in eastern europe . as a part of the policy of expanding the iba ' s presence outside of azerbaijan , the bank is represented in russia , georgia , with the iba representative offices in london and frankfurt . research company international research group business insight ( bi ) named iba as the most developed bank in azerbaijan .
the international bank of azerbaijan ( ibar ) , the biggest bank in azerbaijan managing more than 35 % of total banking assets in the country , today announced the signing of a shari’a supervisory agreement with shariyah review bureau ( srb ) , a leading global shari’a advisory firm .
head of anti - money laundering group within off - site supervision division of banking supervision department , the national bank of the republic of azerbaijan .
ilham aliyev , president of the republic of azerbaijan , on his goal to double national gdp and the growing role of the country in international affairs .
leading corporate bank of azerbaijan - pasha bank – has been named as the
leader bank in the field of non - cash payments
in the local market by the end of 2017 . the awards was given within the frame of competition conduced on annual basis by the central bank of azerbaijan together with the azerbaijan banks association among all participants of the banking market . . . .
the international bank of azerbaijan ( iba ) said on thursday that consumer deposits did not increase significantly , despite savings from income tax code changes . read more »
the international bank of azerbaijan announced nov . 7 that in their
pension +
program , there were 45 thousand pensioners across the country . read more »
baku . vahab rzayev – apa - economics . international bank of azerbaijan has signed long - term cooperation agreement with microsoft company within the “microsoft enterprise agreement” program .
international bank of azerbaijan (
bank
) , baku , azerbaijan , a foreign bank within the meaning of the international banking act (
iba
) , has applied under section 10 ( a ) of the iba 1 to establish a representative office in new york , new york . the foreign bank supervision enhancement act of 1991 , which amended the iba , provides that a foreign bank must obtain the approval of the board to establish a representative office in the united states .
awarded with medal of progress for services in development of banking in the republic of azerbaijan .
the international bank for reconstruction and development , commonly referred to as the world bank , is an international financial institution whose purposes include assisting the development of its member nations ' territories , promoting and supplementing private foreign investment , and promoting long - range balanced growth in international trade .
azerbaijan is a small oil - rich country on the caspian sea , nestled between russia and iran . the international bank of azerbaijan is based in baku , azerbaijan & apos ; s capital , and has subsidiaries in russia and georgia , court papers show .
jsc
international bank of azerbaijan - georgia
passed the state and tax registration in 2006 . on seventh february 2007 , the national bank of georgia issued the
iba - georgia
license to start banking operations .
member on 18 october 1992 . the minister of finance of the republic of azerbaijan is the head of the
the ministry of finance has noted with concern the deteriorating financial and capital position of international bank of azerbaijan ,
samir sharifov , azerbaijan & apos ; s minister of finance , said in a statement .
re - establishing the financial viability of iba is critical so that the bank can continue to provide important banking services to the azerbaijan economy .
from 1995 to 2004 he was the head of the operations division at the international bank of azerbaijan , and head of the bank ' s sabail branch . he joined kapital bank in 2004 as head of the department of crediting and project financing , and went on to be appointed chairman of the management board in 2009 .
in july 2015 , president ilham aliyev signed a decree on the measures for rehabilitation related to the preparations for privatizing the state - owned shares of the international bank of azerbaijan jsc .
the international savings day ( isd ) will be celebrated on october 31 , 2013 within the financial literacy project . the central bank center for researches and development also initiated a month of financial literacy in november . co - organizers of financial literacy events are – the azerbaijan banks association , the deposit insurance fund , the savings banks foundation for international cooperation , and a number of commercial banks : access bank , ag bank , bank of baku , bank respublika , demir bank , pasha bank , unibank , rabitabank and yapıkredibank .
however , as with the ukrainian banks , cargill stands to get repaid in the reorganization of the international bank of azerbaijan . the $ 715 million the company is owed is expected to be converted to debt directly backed by the government of azerbaijan .
state - owned international bank of azerbaijan’s default on its debts is expected to cause extensive damage to the country’s financial sector and its international reputation , and could even imperil baku’s search for funding for the landmark southern gas corridor project .
the international bank of azerbaijan’s tailspin comes on the heels of two bank failures in ukraine over the past two years that also included cargill credit . ukrainian bank regulators have closed dozens of banks in recent years , institutions hobbled by the country’s shaky economy and in some cases , mismanagement .
what has spurred pasha bank to take an active role in the securities market ? besides its core business activity – corporate banking and private banking – pasha bank is also known as an investment bank in the regional market . the bank has been named best investment bank , azerbaijan by international finance and emea finance several times .
london - today , the international bank of azerbaijan ( iba ) launched its offer to creditors regarding the restructuring of its debt . in an investor presentation in london , iba provided details of its proposal to ensure the financial viability of the bank . iba is a majority state - owned commercial bank .
awarded with the order of glory for services in development of banking in the republic of azerbaijan .
, awarded with medal of progress for services in development of banking in the republic of azerbaijan .
baku , 18 july 2017 – ojsc international bank of azerbaijan ( the “ bank ” or “ iba ” ) is pleased to announce that its restructuring plan was today approved by its creditors at the claimants’ meeting .
– deputy director and director of the research department , the center for research and development , the central bank of the republic of azerbaijan .
, economist , senior economist , head of financial division , the ministry of agriculture of the republic of azerbaijan .
jalal orujov is appointed to the position of chief technology officer ( cto ) of the international bank of azerbaijan ( iba ) . the appointment was undertaken according to the initiatives on creation of the new professional management team .
accessbank , has been named ‘best retail bank’ at the international finance magazine ( ifm ) financial awards 2014 .
providing students with an international education is of increasing importance for local university heads .
the international bank of azerbaijan has seen trouble for the past few years , hurt among other things by the depressed price of oil , a pillar of azerbaijan’s economy . with its loan portfolio decaying and the continued devaluation of the azerbaijani currency — the manat — the bank lost more than $ 1 billion in 2016 .
the international bank of azerbaijan ( iba ) is the largest bank and financial services group in azerbaijan and the region , with assets of $ 10 billion . it serves as a national development bank supporting the stability of azerbaijan ' s banking system , the socio - economic development of the country and its integration into the global economy . iba is a universal bank with its national franchise , subsidiary banks in russia , georgia and qatar , and international representative offices in london , frankfurt , luxembourg , dubai and new york .
an international bank headquartered in basel , switzerland , which serves as a forum for monetary cooperation among several european central banks , the bank of japan , and the us federal reserve system . founded in 1930 to handle the german payment of world war i reparations , it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation .
may 11 ( reuters ) - international bank of azerbaijan files petition for protection under chapter 15 of u . s . bankruptcy code — court filing bank files with u . s . bankruptcy court in manhattan in connection with azeri restructuring proceeding
the international bank of azerbaijan ( iba ) , the leading financial institution in the country , plays a key role in facilitating the country’s integration into the global economy . as a national development bank , iba contributes significantly to the stability and transparency and continuously strengthens azerbaijan’s banking system and fundamentally supports azerbaijan’s socio - economic development .
the international bank of azerbaijan , the country & apos ; s largest lender , filed for bankruptcy in new york thursday to aid the restructuring of some $ 3 . 3 billion in debt .
moody ' s has upgraded international bank of azerbaijan ' s ( i̇ba ) raitings following creditors ' agreement on its debt restructuring , concludes the review , apa reports quoting press service of i̇ba .
ibam is the mobile banking application from the international bank of azerbaijan . with ibam - mobile banking you can accelerate your banking activities and transactions not depend on time and location .
more than half the funds originated from an account at the international bank of azerbaijan - a baku - based lender linked to the ruling clan that went bust earlier this year .
the international bank of azerbaijan , or iba , used obscure dublin - based entities to sell bonds that were bought by state - linked funds in kazakhstan about three years ago .
he noted that being a reliable supplier of oil and gas to the international markets , azerbaijan is providing energy security for many countries of the world .
on may 10 iba missed a $ 100mln payment on its main debt and interests of the credit , says the information of the state bank . international bank of azerbaijan ( iba ) , is the largest bank of the country , filed a bankruptcy petition to the new york court , the wall street journal informs .
azerbaijan is building itself up to become a world - class sporting nation with the ability to host major international tournaments .
at the same time , moody ' s notes that negative pressure could be exerted on international bank of azerbaijan ' s ratings due to any material adverse changes in the bank ' s risk profile , particularly significant weakening of the bank ' s capitalisation , asset quality and liquidity position .
the authorized capital of the international bank of azerbaijan ( iba ) , according to a decision made by a general meeting of the bank’s shareholders , will be increased by 200 million manats up to 890 million manats , iba said in a message april 2 .
february 26 2016 , tokyo : jcb international co . , ltd . ( jcbi ) , the international operations subsidiary of jcb co . , ltd . , has started jcb merchant acquiring operations with the international bank of azerbaijan ( iba ) . jcb cards will be accepted at all of iba ' s acceptance locations throughout the country by the end of february 2016 .
tby talks to rovnag abdullayev , president of the state oil company of azerbaijan republic ( socar ) , on azerbaijan as a key international oil player , the pipeline race , and the southern gas corridor .
governor is the administrator for azerbaijan at the world bank group . this is the reason why the
baku . kazinform the process of restructuring the currency obligations of the international bank of azerbaijan ( iba ) will not affect its iba - moscow and iba - georgia subsidiary banks , the iba told trend may 15 .
jsc bank
republic
- urltoken jsc
privatbank
- urltoken jsc
tbc bank
- urltoken jsc
bank of georgia
- urltoken jsc
liberty bank
- urltoken jsc
basisbank
- urltoken jsc
vtb bank – ( georgia )
- urltoken jsc
cartu bank
- urltoken jsc
procredit bank
- urltoken jsc
silk road bank
- urltoken jsc
capital bank
- urltoken jsc
the international bank of azerbaijan - georgia
- urltoken jsc
ziraat bank a . s . , tbilisi branch
- urltoken jsc
caucasus development bank - georgia
- urltoken jsc
turkey isbank a . s batumi branch
- urltoken jsc
progress bank
- urltoken jsc
terabank
- urltoken jsc
halyk bank georgia
- urltoken jsc
pasha bank georgia
- urltoken jsc “finca bank georgia” - urltoken
“we discussed the issue of restructuring of the international bank of azerbaijan ( iba ) and the banking sector as a whole , as part of meetings with the finance minister , as well as the leadership of the financial market supervisory authority and the central bank . we believe that the government of azerbaijan has taken serious steps to resolve the issue of problem banks , ” azour said .
in court papers , lawyers for the bank say getting approval of u . s . petition is critical to both the bank and the larger economy of azerbaijan , said wsj .
before , the bank was awarded as the best bank in the emerging markets ( for azerbaijan ) by global finance magazine ( new york , usa ) and as the best bank in azerbaijan by emeafinance magazine ( london , great britain ) .
the ordinary general shareholders ' meeting of the international bank of azerbaijan ojsc ( iba ) was held on july 26 , 2016 . the financial statement for 2015 recommended by the audit committee of the bank and approved by the external auditor was adopted during the meeting .
is still influential in providing a forum for discussion and surveillance of international banking practices .
moody ' s says that international bank of azerbaijan still benefits from a high probability of systemic support , based on its 50 . 2 % government ownership , large market shares and systemic importance for azerbaijan ' s economy . as a result , in accordance with moody ' s join default analysis ( jda ) methodology for banks , international bank of azerbaijan ' s deposit ratings of ba3 benefit from a three - notch uplift from its b3 standalone credit strength .
the state - owned international bank of azerbaijan was established in the early 1990s as a joint stock commercial bank with 50 . 2 % state ownership and 49 . 8 % private ownership . the ownership remained unchanged up until 2015 .
world bank . 2014 . azerbaijan - second rural investment project : additional financing ( english ) . washington , dc ; world bank group . urltoken
baku . 13 july . report . az / the plan on restructuring of the foreign debts in the amount of $ 3 , 3 billion proposed by the international bank of azerbaijan ( iba ) was supported by the majority of creditors .
press reports from azerbaijan say international bank of azerbaijan ( iba ) has shut down its islamic banking window . on 12 october azeri - press agency reported that the unit had been ‘abolished’ while azernews noted on 13 october that the bank’s islamic financing portfolio amounted to nearly $ 526 million .
the international bank of azerbaijan was founded in january 1992 . the iba is the largest bank in the country . the bank ' s main shareholder is the azerbaijani government , which owns a 50 . 2 percent stake , while 49 . 8 percent of the shares are owned by private shareholders .
a media project marking the 100th anniversary of the azerbaijani democratic republic ( adr ) has been launched with the support of asan service in a joint partnership with the international bank of azerbaijan and asan radio , apa reports .
on paper , azerbaijan is making strides towards accountability . the country has signed several international agreements relating to transparency and corruption .
during a meeting in moscow between international bank of azerbaijan - moscow chairman fuad abdullayev and gleb nikitin , russia ' s first deputy minister at the ministry of industry and trade , the financing of russian industrialization programs was discussed , the bank said thursday . read more »
from 1993 to 1995 jahangir hajiyev served as department head of the ministry of foreign economic relations . in 1995 he joined the international bank of azerbaijan as chairman of the credit committee and director of credit and investments . from 2001 he has served as chairman of the board .
azerbaijan’s cooperation with the international monetary fund ( imf ) was discussed during baku visit of jihad azour , the director of the middle east and central asia department of the imf .
the head of state reminded that last year azerbaijan celebrated the 25th anniversary of the restoration of its independence .
tby talks to javid gurbanov , chairman of azeryolservis and deputy in the azerbaijan national assembly , on azerbaijan ' s road network , safety issues , and joint projects to develop the international transport network .
the long - term foreign - and local - currency deposit ratings of international bank of azerbaijan ( iba ) upgrated to caa1 from caa2 and the foreign - currency senior unsecured debt rating to caa2 from caa3 .
earlier this month , researchers from the university of california , santa barbara ( ucsb ) revealed that three of the most popular fake av affiliate services — which pay hackers to foist worthless software on clueless internet users — processed tens of millions of dollars in payments through bank standard and the international bank of azerbaijan .
in march 2013 , accessbank was declared as the winner of the 3rd international “the best banks of guam – 2012” competition in the nomination of “bank – the most active participant of the international projects within the frames of guam” . the target of the competition was determination of the best banks in various directions of their activity working in the territory of the republics of azerbaijan , georgia , ukraine and moldova acting as guam members .
moscow , may 23 ( reuters ) - dollar bonds issued by state - owned international bank of azerbaijan ( iba ) fell on tuesday after the bank offered creditors several options , including a swap into sovereign debt , in its debt restructuring .