Azerbaijan-based banks ranking for number of branches

Azerbaijan-based banks ranking for number of branches
# 24 May 2010 10:25 (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 in terms of the number of branches in accordance with the available data as of April 1, 2010.

Banks

Number of Branches

1

Kapital Bank

89

2

International Bank of Azerbaijan

37

3

Technikabank

35

4

Zamin Bank

35

5

Royal Bank

32

6

DemirBank

29

7

Bank Respublika

28

8

Mugan Bank

28

9

Unibank

25

10

AccessBank

23

11

Amrahbank

22

12

Rabitabank

20

13

Bank Standard

17

14

Bank of Azerbaijan

16

15

AGBank

16

16

AtaBank

16

17

Parabank

15

18

Bank of Baku

15

19

Kredo Bank

14

20

Nikoil Bank

13

21

Atrabank

13

22

Xalg Bank

11

23

Turanbank

11

24

Expressbank

8

25

Azerbaijan Industry Bank

8

26

SilkWay Bank

8

27

NBC Bank

7

28

Deka Bank

6

29

YapiKredi Bank Azerbaijan

5

30

United Credit Bank

5

31

Azer-Turk Bank

3

32

Gandjabank

3

33

Birlik Bank

3

34

Kafkaz Development Bank

2

35

Kauthar Bank

2

36

Bank Avrasiya

1

37

Gunaybank

1

38

Pasha Bank

-

39

Melli Iran Bank – Baku

-

40

VTB Bank Azerbaijan

-

41

Azerbaijan Credit Bank

-

42

AFB Bank*

-

43

Pakistan National Bank – Baku*

-

44

EuroBank*

-

45

Nakhchevan Bank*

-

46

Debut Bank*

-

47

BTB Bank*

-


* These banks did not release indexes.

Melli Iran Bank is a branch. Pasha Bank, VTB Bank and Azerbaijan Credit Bank have not branches
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THE OPERATION IS BEING PERFORMED