The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for an annual increase in the number of their staff members with the available data as of April 1, 2009.
Banks | Annual growth (%) | |
1 | VTB Bank Azerbaijan | 164.29 |
2 | SilkWay Bank | 58.21 |
3 | Atrabank | 38.89 |
4 | Nikoil Bank | 35.80 |
5 | Kredo Bank | 34.96 |
6 | Expressbank | 32.73 |
7 | Xalg Bank | 31.32 |
8 | Zamin Bank | 27.90 |
9 | Azer-Turk Bank | 27.06 |
10 | Mugan Bank | 21.53 |
11 | Parabank | 19.44 |
12 | YapiKredi Bank Azerbaijan | 18.69 |
13 | AccessBank | 16.85 |
14 | Pasha Bank | 14.29 |
15 | Azerbaijan Industry Bank | 13.74 |
16 | AGBank | 13.51 |
17 | United Credit Bank | 12.77 |
18 | EuroBank | 12.00 |
19 | Bank Avrasiya | 9.76 |
20 | Royal Bank | 8.89 |
21 | Unibank | 8.74 |
22 | Rabitabank | 8.01 |
23 | Amrahbank | 7.34 |
24 | Bank of Baku | 7.19 |
25 | Turanbank | 6.28 |
26 | Technikabank | 5.56 |
27 | Melli Iran Bank – Baku | 4.00 |
28 | AtaBank | 1.87 |
29 | Gandjabank | 1.37 |
30 | Bank Respublika | 0.41 |
31 | Kauthar Bank | 0.00 |
32 | NBC Bank | - 1.44 |
33 | Kapital Bank | - 2.93 |
34 | International Bank of Azerbaijan | - 4.11 |
35 | Deka Bank | - 5.20 |
36 | Bank Standard | - 8.82 |
37 | Kafkaz Development Bank | - 14.29 |
38 | Birlik Bank | - 19.23 |
39 | Azerbaijan Credit Bank | - 24.49 |
40 | DemirBank* | - |
41 | Bank of Azerbaijan* | - |
42 | Gunaybank* | - |
43 | AFB Bank* | - |
44 | Pakistan National Bank – Baku* | - |
45 | Nakhchevan Bank* | - |
46 | Debut Bank* | - |
47 | BTB Bank* | - |
* These banks did not release indexes.