Finance

Finance

Azerbaijan-based banks ranking by profit growth rate

02 March 2010 10:04 (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 profit growth rate in accordance with the available data as of January 1, 2010.

Banks		Annual growth (%)
1	Kovser Bank	88.07
2	NBCBank	72.89
3	Birlik Bank	65.63
4	Melli Iran Bank - Baku	52.86
5	AccessBank	49.49
6	Deka Bank	46.10
7	Royal Bank	45.70
8	Parabank	34.91
9	Azerbaijan Industry Bank	27.54
10	Bank of Azerbaijan	19.29
11	Kapital Bank	18.63
12	Pasha Bank	18.58
13	Gunaybank	17.98
14	Nikoil Bank	16.57
15	Turanbank	12.74
16	United Credit Bank	11.76
17	Mugan Bank	9.59
18	Amrahbank	8.89
19	YapiKredi Bank Azerbaijan	7.98
20	AGBank	6.07
21	AtaBank	5.39
22	International Bank of Azerbaijan	3.56
23	Azer-Turk Bank	2.40
24	Bank Respublika	- 7.08
25	Bank of Baku	- 7.18
26	Technikabank	- 11.15
27	Xalg Bank	- 12.13
28	Rabitabank	- 14.45
29	Bank Avrasiya	- 14.88
30	Kredo Bank	- 16.69
31	DemirBank	- 19.50
32	Azerbaijan Credit Bankı	- 21.90
33	Atrabank	- 22.51
34	Bank Standard	- 24.28
35	Zamin Bank	- 31.63
36	Unibank	- 31.80
37	Gandjbank	- 40.00
38	Kafkaz Development Bank	- 49.21
39	Azerneliyyatbank*	-