The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for individuals’ deposit growth rate with the available data as of October 1, 2010.
Banks |
Annual growth (%) | |
1 | VTB Azerbaijan | 7.9 times |
2 | Azerbaijan Industry Bank | 207.18 |
3 | NBC Bank | 122.33 |
4 | AccessBank | 96.17 |
5 | Expressbank | 92.27 |
6 | Turanbank | 66.95 |
7 | Bank Standard | 56.43 |
8 | Atrabank | 50.12 |
9 | Royal Bank | 49.01 |
10 | Parabank | 35.67 |
11 | Kafkaz Development Bank | 30.47 |
12 | DemirBank | 27.58 |
13 | Mugan Bank | 25.61 |
14 | Amrahbank | 25.23 |
15 | AGBank | 18.64 |
16 | YapiKredi Bank Azerbaijan | 18.19 |
17 | Xalg Bank | 17.54 |
18 | United Credit Bank | 14.35 |
19 | Eurobank | 11.01 |
20 | Gandjabank | 10.27 |
21 | Kapital Bank | 9.31 |
22 | International Bank of Azerbaijan | - 5.87 |
23 | Bank Respublika | - 7.18 |
24 | Azer-Turk Bank | - 7.55 |
25 | Bank of Azerbaijan | - 26.44 |
26 | Kauthar Bank | - 29.73 |
27 | Kredo Bank | - 31.14 |
28 | SilkWay Bank | - 59.95 |
29 | Technikabank* | - |
30 | Unibank* | - |
31 | Rabitabank* | - |
32 | Zamin Bank* | - |
33 | Bank Avrasiya* | - |
34 | Pasha Bank* | - |
35 | Bank Melli Iran – Baku* | - |
36 | Bank of Baku* | - |
37 | Bank Nikoil* | - |
38 | Deka Bank* | - |
39 | Gunaybank* | - |
40 | AtaBank* | - |
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.