Finance

Finance

Azerbaijan-based banks ranking by loan portfolio growth rate

01 March 2010 10:06 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based bank organizations 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 in terms of loan portfolio growth rate (compared to a year earlier) in accordance with the available data as of January 1, 2010.

Banks		Annual growth (%)
1	Pasha Bank	174.12
2	YapiKredi Bank Azerbaijan	128.97
3	Kredo Bank	74.84
4	Azerbaijan Industry Bank	55.33
5	Melli Iran Bank - Baku	54.27
6	Zamin Bank	54.10
7	Mugan Bank	50.57
8	AccessBank	43.73
9	Azerneqliyyatbank	43.28
10	Parabank	39.93
11	Bank of Azerbaijan	35.09
12	International Bank of Azerbaijan	33.70
13	Royal Bank	31.49
14	AtaBank	29.12
15	Xalg Bank	28.66
16	United Credit Bank	28.48
17	Birlik Bank	28.10
18	Deka Bank	21.06
19	NBCBank	20.72
20	AGBank	20.69
21	DemirBank	18.03
22	Turanbank	16.84
23	Azer-Turk Bank	12.70
24	Gunaybank	11.82
25	Kafkaz Development Bank	10.73
26	Gandja bank	8.33
27	Rabitabank	6.26
28	Atrabank	4.67
29	Technikabank	4.24
30	Azerbaijan Credit Bank	2.27
31	Amrahbank	0.81
32	Bank of Baku	- 3.73
33	Bank Standard	- 6.05
34	Kapital Bank	- 9.47
35	Nikoil Bank	- 12.33
36	Bank Avrasiya	- 26.03
37	Bank Respublika	- 24.51
38	Unibank	- 31.28
39	Kovser Bank*	-