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.