Azerbaijan-based banks ranking by expenditure growth rate

Azerbaijan-based banks ranking by expenditure growth rate
# 31 May 2010 14:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. APA-Economics provides rankings of Azerbaijan-based bank 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, bank organizations are ranked in terms of expenditure growth rate (compared to a year ago) in accordance with the available data as of April 1, 2010.

Banks

Annual dynamic (%)

1

Kauthar Bank

185.62

2

VTB Bank Azerbaijan

178.60

3

Pasha Bank

144.16

4

Kredo Bank

118.30

5

Expressbank

108.17

6

AccessBank

107.83

7

Gunaybank

79.98

8

United Credit Bank

63.22

9

Azerbaijan Industry Bank

60.66

10

SilkWay Bank

47.60

11

Melli Iran Bank – Baku

45.05

12

Azer-Turk Bank

43.20

13

AGBank

39.57

14

Parabank

36.95

15

Xalg Bank

36.93

16

Kapital Bank

32.06

17

Gandjabank

30.68

18

DemirBank

27.86

19

Technikabank

24.95

20

Mugan Bank

22.34

21

Amrahbank

21.24

22

Turanbank

19.42

23

Bank of Azerbaijan

9.66

24

Deka Bank

4.31

25

AtaBank

3.68

26

Bank of Baku

0.09

27

Bank Standard

- 2.93

28

Zamin Bank

- 4.61

29

Bank Avrasiya

- 5.67

30

Rabitabank

- 5.81

31

International Bank of Azerbaijan

- 6.18

32

Atrabank

- 6.56

33

Unibank

- 18.17

34

EuroBank

- 20.46

35

NBC Bank

- 25.36

36

Nikoil Bank

- 28.12

37

Kafkaz Development Bank

- 36.33

38

Bank Respublika

- 39.98

39

Birlik Bank

- 54.35

40

YapiKredi Bank Azerbaijan

- 71.36

41

Royal Bank*

-

42

Azerbaijan Credit Bank*

-

43

AFB Bank*

-

44

Pakistan National Bank – Baku*

-

45

Nakhchevan Bank*

-

46

Debut Bank*

-

47

BTB Bank*

-


* These banks did not release indexes.
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