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Azerbaijan-based banks ranking for consumer lending growth rate

08 June 2009 11:39 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based banks 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 for consumer lending growth rate in accordance with the available data as of April 1, 2009.

Banks		Year-on-year increase (%)
1	YapıKredi Bank Azerbaijan	379,5
2	Bank Avrasiya	270,6
3	Royal Bank	110,5
4	Azerbaijan Industry Bank	102,8
5	Nikoil Bank	87,9
6	Xalg Bank	76,3
7	Deka Bank	57,6
8	AtaBank	55,2
9	Azerdemiryolbank	50,3
10	International bank of Azerbaijan	46,0
11	NBCBank	43,4
12	Atrabank	29,8
13	Kafkaz Development Bank	23,8
14	Kredo Bank	22,5
15	Azer-Turk Bank	19,6
16	Amrahbank	13,1
17	Texnika Bank	12,2
18	Azernaqliyyatbank	8,1
19	Kapital Bank	6,7
20	United Credit Bank	3,3
21	Rabitabank	- 0,1
22	Zamin Bank	- 7,2
23	Debut Bank	- 8,9
24	AccessBank	- 9,4
25	Bank of Baku	- 10,4
26	Bank of Azerbaijan	- 21,8
27	Gandja Bank	- 25,2
28	Para Bank	- 38,3
29	Melli Iran Bank – Baku Branch	- 39,2
30	Bank Standard	- 56,7
31	Azerbaijan Credit Bank	- 57,9
32	UniBank	- 60,5
33	Mughan Bank	- 60,7
34	Pasha Bank	- 63,7
35	Turan Bank	- 65,5
36	AGBank	- 76,0
37	Gunay Bank	- 97,5
38	Bank Respublika*	-
39	Kovser Bank*	-
40	Azfinansbank	-

Kovser Bank operates on the principle of Islamic banking.
Bank Respublika didn’t release figures for consumer lending.
Azfinansbank launched operation in February 2009.