The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for consumer lending growth rate with the available data as of October 1, 2010.
Banks | Annual growth (%) | |
1 | VTB Azerbaijan | 18.5 times |
2 | Gunaybank | 328.90 |
3 | SilkWay Bank | 140.62 |
4 | Turanbank | 140.28 |
5 | Amrahbank | 68.47 |
6 | Expressbank | 66.17 |
7 | Zamin Bank | 63.94 |
8 | Gandjabank | 56.79 |
9 | Atrabank | 46.40 |
10 | Bank of Baku | 44.90 |
11 | Eurobank | 44.15 |
12 | Parabank | 41.62 |
13 | AccessBank | 35.45 |
14 | Azerbaijan Industry Bank | 31.00 |
15 | Deka Bank | 25.91 |
16 | United Credit Bank | 25.12 |
17 | Rabitabank | 22.31 |
18 | Bank Melli Iran - Baku | 21.32 |
19 | Mugan Bank | 19.31 |
20 | Kapital Bank | 18.96 |
21 | Bank Nikoil | 15.95 |
22 | Xalg Bank | 13.78 |
23 | Azer-Turk Bank | 13.68 |
24 | Kredo Bank | 9.19 |
25 | International Bank of Azerbaijan | 8.92 |
26 | Bank Standard | 7.91 |
27 | Royal Bank | 6.63 |
28 | Unibank | 4.32 |
29 | AGBank | 2.65 |
30 | YapiKredi Bank Azerbaijan | 0.14 |
31 | Kafkaz Development Bank | - 0.89 |
32 | NBC Bank | - 1.56 |
33 | Bank of Azerbaijan | - 9.17 |
34 | DemirBank | - 15.88 |
35 | AtaBank | - 26.93 |
36 | Technikabank | - 40.24 |
37 | Bank Avrasiya | - 47.74 |
38 | Kauthar Bank** | - |
39 | Bank Respublika* | - |
40 | Pasha Bank* | - |
41 | Azerbaijan Credit Bank* | - |
42 | Birlik Bank* | - |
43 | AFB Bank* | - |
44 | National Bank of Pakistan – Baku* | - |
45 | Nakhchevan Bank* | - |
46 | Debut Bank* | - |
47 | BTB Bank* | - |
* These banks did not release indexes;
** «Kauthar Bank» operates on Islamic principles.