Finance

Finance

Azerbaijan-based banks ranking for expenditure

12 November 2009 14:24 (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 their gross expenditure with the available data as of October 1, 2009 (January-September).

(mln. AZN)

Banks		Expenditure
1	International Bank of Azerbaijan	174,718
2	Bank Standard	46,986
3	Texnika Bank	39,743
4	Unibank	38,569
5	Kapital Bank	37,937
6	AccessBank	34,976
7	Bank Respublika	34,891
8	Nikoil Bank	30,171
9	DemirBank	24,945
10	YapıKredi Bank Azerbaijan	24,166
11	Bank of Baku	21,989
12	AGBank	21,041
13	Royal Bank	17,981
14	Xalg Bank	16,390
15	AtaBank	15,636
16	NBCBank	12,482
17	Zamin Bank	10,691
18	Mughan Bank	10,544
19	Rabitabank	10,201
20	Turan Bank	9,700
21	Parabank	9,269
22	AmrahBank	7,548
23	Pasha Bank	7,480
24	Azerbaijan Industry Bank	6,497
25	United Credit Bank	4,395
26	Kredo Bank	4,007
27	Azer-Turk Bank	3,766
28	Azernegliyyatbank	3,269
29	Bank Avrasiya	3,220
30	Birlik Bank	2,947
31	Atrabank	2,369
32	Kafkaz Development Bank	2,067
33	Gandja Bank	1,969
34	Deka Bank	1,953
35	Melli Iran Bank - Baku	1,935
36	Kovser Bank	1,708
37	Gunaybank	1,142
38	Azerbaijan Credit Bank	0,612
39	Bank of Azerbaijan*	-