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Azerbaijan-based banks ranking for number of branches growth rate

29 November 2010 07:30 (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 number of branches growth rate with the available data as of October 1, 2010.

Banks		Annual growth (unit)
1	AtaBank	4
2	Mugan Bank	3
3	Xalg Bank	3
4	Expressbank	2
5	Rabitabank	2
6	Azer-Turk Bank	2
7	Bank Nikoil	2
8	Royal Bank	1
9	Parabank	1
10	Atrabank	1
11	Bank of Baku	1
12	YapiKredi Bank Azerbaijan	1
13	Deka Bank	1
14	AGBank	0
15	Bank Standard	0
16	Kapital Bank	0
17	Azerbaijan Industry Bank	0
18	Unibank	0
19	Kredo Bank	0
20	International Bank of Azerbaijan	0
21	Bank Avrasiya	0
22	Technikabank	0
23	SilkWay Bank	0
24	NBC Bank	0
25	Gandjabank	0
26	United Credit Bank	0
27	DemirBank	0
28	Turanbank	0
29	Gunaybank	0
30	Kafkaz Development Bank	0
31	Eurobank	0
32	Kauthar Bank	0
33	Zamin Bank	0
34	Amrahbank	- 1
35	Bank Respublika	- 1
36	Bank of Azerbaijan	- 8
37	Bank Melli Iran – Baku**	-
38	VTB Azerbaijan**	-
39	Pasha Bank**	-
40	Azerbaijan Credit Bank*	-
41	AccessBank	-
42	Birlik Bank*	-
43	AFB Bank*	-
44	National Bank of Pakistan – Baku*	-
45	Nakhchevan Bank*	-
46	Debut Bank*	-
47	BTB Bank*	-