With two additional new members to the ADFIAP membership roster – the International Bank of Azerbaijan and the National Small Industries Corporation of India, Ltd. – the total number of ADFIAP members goes up to 110 institutions in 42 countries and territories.
The International Bank of the Republic of Azerbaijan (IBA), the largest bank of the country, was incorporated in 1991 as a fully state-owned bank and is domiciled in the Republic of Azerbaijan. On October 28, 1992, the Bank became a joint stock commercial bank and the Ministry of Finance of the Republic of Azerbaijan became the major shareholder of the Bank. The Chairman of the Board of IBA is Mr. Hajiyev Jahangir Fevzi.
The National Small Industries Corporation Ltd., (NSIC) with an ISO:9001-2008, was established by the Government of India as a public sector company in 1955, to enhance the competitiveness of micro and small enterprises as well as to provide integrated services to the sector such as marketing, credit, technology and other support services. Dr. HP Kumar is the current Chairman and Managing Director.
Link to membership roster