The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked by capital adequacy in accordance with the available data as at July 1, 2009.
The capital adequacy is the percentage of a bank’s total capital to its assets. It is the simplest way to find ballpark ratio on the basis of simple figures released by banks.
Although banks attempt to operate on the minimum capital, government regulators support regular increase in the capitalization. The capital adequacy shows general credibility of a bank.
This indicator allows depositors to assess the risk they may face.
Banks | Total capital / assets (%) | |
1 | Kovser Bank | 59,60 |
2 | Pasha Bank | 47,14 |
3 | Azerbaijan Credit Bank | 47,02 |
4 | Bank Avrasiya | 44,22 |
5 | Gandja Bank | 42,77 |
6 | United Credit Bank | 40,36 |
7 | Gunay Bank | 39,12 |
8 | Birlik Bank | 38,00 |
9 | Melli Iran Bank – Baku Branch | 37,70 |
10 | NBCBank | 37,13 |
11 | Deka Bank | 36,29 |
12 | Atrabank | 31,74 |
13 | Amrahbank | 31,69 |
14 | Kafkaz Development Bank | 30,63 |
15 | Debut Bank | 29,01 |
16 | Kredo Bank | 27,59 |
17 | Azerbaijan Industry Bank | 27,26 |
18 | YapıKredi Bank Azerbaijan | 27,13 |
19 | Azer-Turk Bank | 24,49 |
20 | Turan Bank | 24,14 |
21 | UniBank | 22,00 |
22 | Kapital Bank | 21,90 |
23 | AccessBank | 20,96 |
24 | Azerdemiryolbank | 18,43 |
25 | Bank of Baku | 18,37 |
26 | Azerneqliyyatbank | 18,24 |
27 | Mughan Bank | 18,22 |
28 | Royal Bank | 17,24 |
29 | AtaBank | 17,09 |
30 | Xalg Bank | 16,33 |
31 | Bank Standard | 16,27 |
32 | Bank of Azerbaijan | 15,43 |
33 | Para Bank | 15,37 |
34 | Rabitabank | 14,67 |
35 | AGBank | 14,65 |
36 | Bank Respublika | 14,13 |
37 | International Bank of Azerbaijan | 13,45 |
38 | Texnikabank | 12,94 |
39 | Nikoil Bank | 11,23 |
40 | Zamin Bank | 9,41 |
By practice, capital adequacy is more appropriate in a range of 10% and 20% and this ratio is considered credible enough.