The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for staffs growth rate with the available data as of October 1, 2010.
Banks | Annual growth (%) | |
1 | VTB Azerbaijan | 117.07 |
2 | Expressbank | 42.06 |
3 | Xalg Bank | 38.65 |
4 | Parabank | 30.28 |
5 | Pasha Bank | 22.09 |
6 | United Credit Bank | 21.88 |
7 | YapiKredi Bank Azerbaijan | 21.05 |
8 | Bank Nikoil | 18.19 |
9 | Azer-Turk Bank | 16.83 |
10 | SilkWay Bank | 14.29 |
11 | Unibank | 13.78 |
12 | DemirBank | 12.61 |
13 | Turanbank | 12.44 |
14 | Deka Bank | 11.69 |
15 | Mugan Bank | 11.51 |
16 | Zamin Bank | 9.86 |
17 | Technikabank | 9.70 |
18 | Kredo Bank | 8.97 |
19 | Bank Melli Iran – Baku | 8.70 |
20 | AGBank | 8.00 |
21 | Eurobank | 7.14 |
22 | Royal Bank | 5.50 |
23 | Bank Respublika | 5.25 |
24 | AtaBank | 5.21 |
25 | Atrabank | 4.71 |
26 | Bank of Baku | 1.92 |
27 | Rabitabank | 1.54 |
28 | Azerbaijan Industry Bank | 1.32 |
29 | NBC Bank | 0.00 |
30 | Gunaybank | 0.00 |
31 | Kauthar Bank | 0.00 |
32 | Bank Avrasiya | - 2.22 |
33 | Bank Standard | - 2.36 |
34 | International Bank of Azerbaijan | - 2.42 |
35 | Kapital Bank | - 5.10 |
36 | Amrahbank | - 5.90 |
37 | Gandjabank | - 6.41 |
38 | Kafkaz Development Bank | - 8.20 |
39 | Bank of Azerbaijan | - 27.01 |
40 | AccessBank* | - |
41 | Azerbaijan Credit Bank* | - |
42 | Birlik Bank* | - |
43 | AFB Bank* | - |
44 | National Bank of Azerbaijan – Baku* | - |
45 | Nakhchevan Bank* | - |
46 | Debut Bank* | - |
47 | BTB Bank* | - |
* These banks did not release indexes.