Finance

Finance

Azerbaijan-based banks ranking by capital adequacy

02 December 2009 12:15 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based banksfor 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 by capital adequacy in accordance with the available data as at October 1, 2009.

The capital adequacy is the percentage of a bankâ€™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	59,15
2	Bank Avrasiya	57,91
3	Pasha Bank	48,49
4	Gandjabank	46,49
5	Azerbaijan Credit Bank	46,19
6	Gunaybank	43,41
7	Melli Iran Bank - Baku	40,06
8	Birlik Bank	38,73
9	Deka Bank	37,84
10	United Credit Bank	37,75
11	NBCBank	37,03
12	Azerneqliyyatbank	35,87
13	AmrahBank	32,28
14	Atrabank	31,39
15	YapıKredi Bank Azerbaijan	30,67
16	Kafkaz Development Bank	27,03
17	Kredo Bank	24,06
18	Azer-Turk Bank	23,76
19	Azerbaijan Industry Bank	21,91
20	UniBank	21,80
21	AccessBank	20,94
22	Turan Bank	20,04
23	Bank of Baku	18,49
24	DəmirBank	18,07
25	Kapital Bank	17,27
26	Mughan Bank	16,81
27	Bank Standard	16,02
28	Royal Bank	16,01
29	Xalg Bank	15,95
30	Para Bank	15,78
31	AGBank	15,71
32	Rabitabank	15,68
33	Bank Respublika	15,43
34	Texnika Bank	13,35
35	Bank of Azerbaijan	13,33
36	Nikoil Bank	13,30
37	AtaBank	13,17
38	Zamin Bank	10,74
39	International bank of Azerbaijan	9,50