The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, bank organizations are ranked in terms of loan portfolio growth rate (compared to a year earlier) in accordance with the available data as of October 1, 2009.
Banks | Annual growth (%) | |
1 | YapıKredi Bank Azerbaijan | 111,61 |
2 | Azerbaijan Industry Bank | 90,89 |
3 | Pasha Bank | 58,72 |
4 | Kredo Bank | 58,56 |
5 | Zamin Bank | 41,56 |
6 | AtaBank | 39,08 |
7 | AccessBank | 38,23 |
8 | International Bank of Azerbaijan | 36,65 |
9 | Deka Bank | 35,72 |
10 | NBCBank | 32,83 |
11 | Royal Bank | 28,63 |
12 | Bank of Azerbaijan | 23,39 |
13 | Parabank | 22,22 |
14 | Gunaybank | 20,83 |
15 | Muğan Bank | 17,43 |
16 | Kapital Bank | 15,91 |
17 | Birlik Bank | 15,20 |
18 | United Credit Bank | 14,14 |
19 | Texnika Bank | 13,43 |
20 | Azerbaijan Credit Bank | 13,13 |
21 | AGBank | 11,06 |
22 | Xalg Bank | 9,88 |
23 | Turan Bank | 8,81 |
24 | Kafkaz Development Bank | 7,58 |
25 | DemirBank | 4,99 |
26 | Melli Iran Bank - Baku | 4,52 |
27 | Azerneqliyyatbank | 1,47 |
28 | Atrabank | - 2,73 |
29 | Nikoil Bank | - 5,23 |
30 | Azer-Turk Bank | - 5,44 |
31 | Gandjabank | - 7,14 |
32 | Bank of Baku | - 8,13 |
33 | Bank Respublika | - 13,74 |
34 | Rabitabank | - 15,34 |
35 | Bank Standard | - 22,98 |
36 | AmrahBank | - 24,97 |
37 | UniBank | - 31,10 |
38 | Bank Avrasiya | - 34,09 |
39 | Kovsər Bank | - |
Kovsər Bank operates on the Islamic principle of banking..