The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for deposit portfolio growth rate in accordance with the available data as of April 1, 2010.
Banks | Annual growth (%) | |
1 | Pasha Bank | 28.9 times |
2 | VTB Bank Azerbaijan | 184.88 |
3 | YapiKredi Bank Azerbaijan | 170.42 |
4 | SilkWay Bank | 101.58 |
5 | Mugan Bank | 82.66 |
6 | Azerbaijan Industry Bank | 81.72 |
7 | Expressbank | 75.33 |
8 | International Bank of Azerbaijan | 72.85 |
9 | Kapital Bank | 59.63 |
10 | Kredo Bank | 59.09 |
11 | Melli Iran Bank - Baku | 58.53 |
12 | Zamin Bank | 53.13 |
13 | EuroBank | 49.94 |
14 | Parabank | 40.31 |
15 | Gandjabank | 38.69 |
16 | Xalg Bank | 37.84 |
17 | AccessBank | 36.70 |
18 | Bank of Azerbaijan | 33.62 |
19 | Royal Bank | 30.41 |
20 | United Credit Bank | 30.13 |
21 | Birlik Bank | 27.57 |
22 | Turanbank | 27.32 |
23 | AGBank | 23.68 |
24 | Azer-Turk Bank | 21.90 |
25 | Rabitabank | 18.76 |
26 | Kafkaz Development Bank | 16.27 |
27 | DemirBank | 15.54 |
28 | NBC Bank | 13.75 |
29 | Gunaybank | 11.85 |
30 | AtaBank | 11.63 |
31 | Amrahbank | 11.48 |
32 | Bank of Baku | 9.40 |
33 | Deka Bank | 6.24 |
34 | Technikabank | 4.19 |
35 | Bank Standard | 2.02 |
36 | Atrabank | - 3.41 |
37 | Azerbaijan Credit Bank | - 14.17 |
38 | Nikoil Bank | - 14.25 |
39 | Bank Avrasiya | - 20.78 |
40 | Unibank | - 23.02 |
41 | Bank Respublika | - 28.87 |
42 | Kauthar Bank* | - |
43 | Pakistan National Bank – Baku* | - |
44 | AFB Bank* | - |
45 | Nakhchevan Bank* | - |
46 | Debut Bank* | - |
47 | BTB Bank* | - |
Kauthar Bank operates on Islamic principles
* These banks did not release indexes