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Azerbaijan-based banks ranking for income growth rate

26 November 2010 11:16 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based banks for their various figures and financial performance.

The project aims to highlight banksâ€™ financial performance and update the public and potential investors. In the table below, banks are ranked for income growth rate with the available data as of October 1, 2010.

Banks		Annual growth (%)
1	Expressbank	116.79
2	Kredo Bank	77.36
3	SilkWay Bank	68.84
4	Mugan Bank	56.05
5	Pasha Bank	51.33
6	VTB Azerbaijan	45.08
7	Parabank	44.26
8	Azerbaijan Industry Bank	41.15
9	YapiKredi Bank Azerbaijan	40.93
10	Xalg Bank	39.26
11	Eurobank	31.72
12	Turanbank	29.80
13	Bank of Baku	27.82
14	Zamin Bank	23.42
15	Royal Bank	16.28
16	Gandjabank	16.12
17	Amrahbank	15.03
18	Bank Melli Iran – Baku	12.19
19	Kapital Bank	11.93
20	United Credit Bank	9.41
21	Azer-Turk Bank	5.15
22	AGBank	3.07
23	DemirBank	2.12
24	Rabitabank	1.44
25	Gunaybank	1.37
26	Atrabank	- 1.78
27	NBC Bank	- 4.60
28	Technikabank	- 5.90
29	International Bank of Azerbaijan	- 6.79
30	Kafkaz Development Bank	- 6.98
31	Deka Bank	- 7.02
32	Bank of Azerbaijan	- 8.30
33	Kauthar Bank	- 10.04
34	AtaBank	- 12.78
35	Unibank	- 20.83
36	Bank Avrasiya	- 26.63
37	Bank Nikoil	- 28.22
38	Bank Respublika	- 51.77
39	AccessBank*	-
40	Bank Standard*	-
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*	-