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Azerbaijan-based banks ranking for profit

02 June 2009 09:57 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based bank organizations for their various figures and financial performance.
The project aims to highlight banksâ€™ financial performance and update the public and potential investors. In the table below, banks are ranked in terms of profit for January-March in accordance with the available data as of April 1, 2009.

(mln. AZN)

Banks		Profit (loss)
1	International Bank of Azerbaijan	30,426
2	Texnikabank	6,832
3	Kapital Bank	6,829
4	Bank Standard	5,128
5	Xalg Bank	5,046
6	AccessBank	3,506
7	Pasha Bank	2,985
8	Bank of Baku	2,772
9	UniBank	2,462
10	Bank Respublika	2,303
11	Azerdemiryolbank	2,208
12	AGBank	1,903
13	Nikoil Bank	1,792
14	AtaBank	1,381
15	Deka Bank	1,333
16	YapıKredi Bank Azerbaijan	1,326
17	Turan Bank	0,946
18	Azerbaijan Industry Bank	0,928
19	NBCBank	0,924
20	Gunay Bank	0,872
21	Azer-Turk Bank	0,822
22	Zamin Bank	0,797
23	Azerbaijan Credit Bank	0,788
24	Royal Bank	0,717
25	Amrahbank	0,686
26	Gandja Bank	0,679
27	Bank Avrasiya	0,552
28	Rabitabank	0,403
29	Azərnəqliyyatbank	0,233
30	Kredo Bank	0,173
31	Atrabank	0,099
32	Para Bank	0,030
33	Melli Iran Bank Baku Branch	0,016
34	Kovser Bank	0,012
35	Bank of Azerbaijan	- 0,036
36	United Credit Bank	- 0,051
37	Azfinansbank	- 0,239
38	Kafkaz Development Bank	- 0,520
39	Mughan Bank	- 0,637
40	Debut Bank	- 0,707