Finance

Finance

Azerbaijan-based banks ranked by ROE

02 December 2009 15:43 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides rankings 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, bank organizations are ranked by Return on Equity (ROE) ratio in accordance with the available data as of October 1, 2009.

It measures a bankâ€™s efficiency at generating profits from every manat (national currency) of net assets (assets minus liabilities), and shows how well a company uses investment funds to generate earnings growth.
Simple ROE is equal to a net income divided by total equity, expressed as a percentage.

Banks		ROE
1	International Bank of Azerbaijan	0,2784
2	AccessBank	0,2511
3	Gunaybank	0,2126
4	Bank of Baku	0,1898
5	Xalg Bank	0,1878
6	Deka Bank	0,1750
7	Texnika Bank	0,1595
8	Bank Standard	0,1537
9	Bank Respublika	0,1484
10	Azer-Turk Bank	0,1452
11	AtaBank	0,1432
12	Zamin Bank	0,1216
13	Azerneqliyyatbank	0,1149
14	Turan Bank	0,1133
15	AGBank	0,1119
16	Kapital Bank	0,1033
17	Pasha Bank	0,0988
18	DəmirBank	0,0980
19	YapıKredi Bank Azerbaijan	0,0926
20	Birlik Bank	0,0879
21	NBCBank	0,0830
22	Melli Iran Bank - Baku	0,0788
23	Amrahbank	0,0776
24	Rabitabank	0,0398
25	Gandjabank	0,0390
26	Unibank	0,0374
27	Para Bank	0,0303
28	Royal Bank	0,0298
29	Bank Avrasiya	0,0292
30	Nikoil Bank	0,0263
31	Azerbaijan Credit Bank	0,0254
32	Mughan Bank	0,0232
33	Atrabank	0,0049
34	Kredo Bank	0,0035
35	Kovsrr Bank	0,0025
36	Azerbaijan Industry Bank	- 0,0088
37	United Credit Bank	- 0,0412
38	Kafkaz Development Bank	- 0,0964
39	Bank of Azerbaijan *	*didn’t release figures*