The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for lending portfolio growth rate in accordance with the available data as of April 1, 2009.
Banks | Annual growth (%) | |
1 | Bank Avrasiya | 932,0 |
2 | Royal Bank | 115,0 |
3 | Para Bank | 89,4 |
4 | Xalg Bank | 71,9 |
5 | Gunay Bank | 67,5 |
6 | AtaBank | 59,1 |
7 | AccessBank | 57,3 |
8 | Nikoil Bank | 45,8 |
9 | NBCBank | 43,8 |
10 | Kredo Bank | 40,2 |
11 | Deka Bank | 38,2 |
12 | Kapital Bank | 37,3 |
13 | International Bank of Azerbaijan | 35,4 |
14 | Bank Respublika | 33,3 |
15 | Zamin Bank | 28,5 |
16 | Texnika Bank | 27,2 |
17 | AGBank | 25,7 |
18 | Azerdemiryolbank | 23,3 |
19 | Amrahbank | 22,5 |
20 | Azerbaijan Credit Bank | 20,8 |
21 | United Credit Bank | 17,5 |
22 | Turan Bank | 15,1 |
23 | Azer-Turk Bank | 8,9 |
24 | Atrabank | 8,7 |
25 | Mughan Bank | 6,7 |
26 | Bank of Azerbaijan | 2,7 |
27 | Kafkaz Development Bank | 2,7 |
28 | Azernaqliyyatbank | 1,3 |
29 | Debut Bank | - 3,4 |
30 | Rabitabank | - 5,7 |
31 | UniBank | - 7,3 |
32 | Bank of Baku | - 7,6 |
33 | Bank Standard | - 9,8 |
34 | Gandja Bank | - 12,7 |
35 | Yapı Kredi Bank Azerbaijan | - 13,6 |
36 | Melli Iran Bank Baku Branch | - 23,3 |
37 | Azərbaycan Sənaye Bankı | - 37,8 |
38 | Pasha Bank | - 78,2 |
39 | Kovser Bank | - |
40 | Azfinansbank | - |
Kovser Bank* - operates on the principle of Islamic banking