Azerbaijan-based banks ranking by market share in lending

Azerbaijan-based banks ranking by market share in lending
# 15 March 2010 09:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. APA-Economics provides ranking of Azerbaijan-based banks for their various figures and financial performance.

The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked by the share of loans in the bank system loans in accordance with the available data as at January 1, 2010.

(mln. AZN)

Banks

Loan

Market share(%)

1

International Bank of Azerbaijan

3 911.718

47.99

2

Xalg Bank

464.003

5.69

3

Bank Standard

370.546

4.55

4

Technikabank

351.999

4.32

5

Kapital Bank

331.200

4.06

6

AccessBank

238.514

2.93

7

Unibank

210.903

2.59

8

DemirBank

198.989

2.44

9

Bank Respublika

196.554

2.41

10

AGBank

186.558

2.29

11

Nikoil Bank

143.232

1.76

12

Bank of Baku

129.246

1.59

13

AtaBank

127.388

1.56

14

Pasha Bank

121.713

1.49

15

Bank of Azerbaijan

119.461

1.47

16

Zamin Bank

116.023

1.42

17

Royal Bank

103.598

1.27

18

Mugan Bank

99.976

1.23

19

Turanbank

77.916

0.96

20

Rabitabank

72.710

0.89

21

Azerbaijan Industry Bank

61.200

0.75

22

Para Bank

59.222

0.73

23

Kredo Bank

44.238

0.54

24

NBCBank

41.252

0.51

25

Amrahbank

39.898

0.49

26

Birlik Bank

35.889

0.44

27

Kafkaz Development Bank

30.173

0.37

28

Azer-Turk Bank

29.254

0.36

29

YapiKredi Bank Azerbaijan

29.240

0.36

30

United Credit Bank

29.235

0.36

31

Gandjabank

26.932

0.33

32

Azerbaijan Credit Bank

26.695

0.33

33

Deka Bank

25.701

0.32

34

Gunaybank

25.683

0.32

35

Atrabank

25.582

0.31

36

Azernegliyyatbank

20.526

0.25

37

Bank Avrasiya

20.028

0.25

38

Melli Iran Bank – Baku

8.264

0.10

39

Kovser Bank*

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*Kovser Bank operates on the Islamic principles of banking
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