Finance

Finance

Azerbaijan-based banks ranking by market share in lending

15 March 2010 09:50 (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 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*	-	-