The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, bank organizations are ranked in terms of loan portfolio in accordance with the available data as of April 1, 2009.
Banks |
Loan portfolio (AZN million) | |
1 | International Bank of Azerbaijan | 2 279,951 |
2 | Bank Standard | 383,904 |
3 | Xalg Bank | 341,894 |
4 | Texnikabank | 334,768 |
5 | UniBank | 286,677 |
6 | Bank Respublika | 186,490 |
7 | AccessBank | 183,174 |
8 | Kapital Bank | 168,059 |
9 | Nikoil Bank | 161,980 |
10 | Azerdemiryolbank | 157,354 |
11 | AGBank | 155,144 |
12 | Bank of Baku | 126,426 |
13 | AtaBank | 109,732 |
14 | Bank of Azerbaijan | 89,550 |
15 | Royal Bank | 83,113 |
16 | Zamin Bank | 82,288 |
17 | Rabitabank | 65,185 |
18 | Turan Bank | 64,903 |
19 | Mughan Bank | 59,753 |
20 | Para Bank | 46,125 |
21 | Amrahbank | 39,552 |
22 | Azerbaijan Industry Bank | 35,134 |
23 | NBCBank | 34,437 |
24 | Gunay Bank | 31,582 |
25 | Kafkaz Development Bank | 27,419 |
26 | Kredo Bank | 27,230 |
27 | Azerbaijan Credit Bank | 26,894 |
28 | Debut Bank | 26,655 |
29 | Bank Avrasiya | 25,841 |
30 | Azer-Turk Bank | 25,166 |
31 | Atrabank | 24,971 |
32 | Deka Bank | 24,228 |
33 | United Credit Bank | 22,805 |
34 | Gandja Bank | 21,016 |
35 | YapıKredi Bank Azerbaijan | 18,320 |
36 | Azerneqliyyatbank | 16,158 |
37 | Melli İran Bank Baku Branch | 5,965 |
38 | Pasha Bank | 4,853 |
39 | Azfinansbank | - |
40 | Kovser Bank* | - |
Kovsər Bank* doesn’t lend loans because it operates on sharia
Azfinansbank launched operation in February, 2009.