Finance

Finance

Azerbaijan-based banks ranking for expenditure growth rate

02 March 2010 13:01 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking 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, banks are ranked for their expenditure growth rate in accordance with the available data as of January 1, 2010.

Banks		Annual rise (%)
1	Melli Iran Bank - Baku	126.38
2	Azerbaijan Kredit Bank	98.13
3	Kovser Bank	96.45
4	NBCBank	76.11
5	AccessBank	49.69
6	Royal Bank	48.93
7	Birlik Bank	41.26
8	AGBank	38.46
9	Azerbaijan Industry Bank	32.51
10	Bank of Azerbaijan	28.44
11	Azer-Turk Bank	26.03
12	YapıKredi Bank Azerbaijan	24.32
13	Parabank	21.78
14	AtaBank	21.49
15	Kapital Bank	18.70
16	United Credit Bank	17.26
17	Nikoil Bank	17.16
18	Turanbank	16.61
19	Mugan Bank	16.20
20	Amrahbank	7.15
21	Bank of Baku	5.07
22	Bank Respublika	- 0.01
23	Technikabank	- 6.05
24	International Bank of Azerbaijan	- 7.82
25	Rabitabank	- 9.20
26	Bank Standard	- 10.91
27	DemirBank	- 13.64
28	Kredo Bank	- 16.25
29	Kafkaz Development Bank	- 20.88
30	Atrabank	- 22.37
31	Deka Bank	- 23.14
32	Bank Avrasiya	- 25.36
33	Gunaybank	- 28.00
34	Unibank	- 28.19
35	Gandjabank	- 34.93
36	Zamin Bank	- 43.56
37	Xalg Bank	- 50.16
38	Pasha Bank	- 61.57
39	Azernegliyyatbank*	-