The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for deposit portfolio growth rate in accordance with the available data as of April 1, 2009.
Banks | Annual growth (%) | |
1 | Kredo Bank | 259,2 |
2 | Pasha Bank | 160,0 |
3 | Royal Bank | 135,9 |
4 | Zamin Bank | 101,9 |
5 | AccessBank | 70,6 |
6 | Para Bank | 65,4 |
7 | AtaBank | 63,9 |
8 | Deka Bank | 54,6 |
9 | Xalg Bank | 46,6 |
10 | Mughan Bank | 46,5 |
11 | Azerbaijan Credit Bank | 34,1 |
12 | Kovser Bank | 32,9 |
13 | Azer-Turk Bank | 18,9 |
14 | Bank of Azerbaijan | 18,0 |
15 | Bank Respublika | 15,5 |
16 | NBCBank | 11,8 |
17 | AGBank | 10,9 |
18 | Atrabank | 6,4 |
19 | Amrahbank | 1,1 |
20 | Bank of Baku | - 0,4 |
21 | Melli Iran Bank Baku Branch | - 1,0 |
22 | United Credit Bank | - 1,2 |
23 | Azerdemiryolbank | - 3,1 |
24 | International Bank of Azerbaijan | - 5,7 |
25 | Gandja Bank | - 7,6 |
26 | Kapital Bank | - 10,7 |
27 | Turan Bank | - 14,6 |
28 | Rabitabank | - 14,7 |
29 | Kafkaz Development Bank | - 20,3 |
30 | Texnika Bank | - 24,9 |
31 | Nikoil Bank | - 27,2 |
32 | UniBank | - 28,6 |
33 | Azernaqliyyatbank | - 29,7 |
34 | Gunay Bank | - 35,4 |
35 | Debut Bank | - 35,7 |
36 | Yapı Kredi Bank Azerbaijan | - 36,5 |
37 | Bank Standard | - 40,4 |
38 | Bank Avrasiya | - 43,2 |
39 | Azerbaijan Industry Bank | - 61,5 |
40 | Azfinansbank | - |
Azfinansbank launched operation in February 2009.