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Azerbaijan-based banks ranking by liquidity

02 December 2010 10:54 (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 by liquidity rate (loan-deposit ratio) in accordance with the available data as at October 1. 2010.

This indicator is interesting for a depositor (corporate or individual bodies).

The higher the ratio, the more the bank is relying on borrowed funds, which are generally more costly than most types of deposits.

Banks		Loan /Deposit
1	Eurobank	39.54
2	Kafkaz Development Bank	13.43
3	Gandjabank	9.34
4	VTB Azerbaijan	6.93
5	NBC Bank	4.50
6	Gunaybank	4.43
7	SilkWay Bank	4.16
8	Kredo Bank	4.07
9	Atrabank	3.63
10	AccessBank	3.28
11	Zamin Bank	3.07
12	Azerbaijan Industry Bank	2.78
13	Deka Bank	2.61
14	United Credit Bank	2.35
15	Bank Nikoil	2.27
16	DemirBank	2.26
17	Turanbank	2.10
18	Bank of Azerbaijan	1.82
19	Mugan Bank	1.69
20	Bank Melli Iran – Baku	1.63
21	Kapital Bank	1.63
22	International Bank of Azerbaijan	1.57
23	Technikabank	1.55
24	Unibank	1.54
25	AGBank	1.52
26	Xalg Bank	1.45
27	Bank Respublika	1.37
28	Rabitabank	1.27
29	Bank of Baku	1.22
30	Parabank	1.20
31	Amrahbank	1.14
32	Bank Standard	1.06
33	Royal Bank	1.05
34	Pasha Bank	1.00
35	Azer-Turk Bank	0.94
36	YapiKredi Bank Azerbaijan	0.91
37	AtaBank	0.71
38	Bank Avrasiya	0.63
39	Expressbank	0.26
40	Kauthar 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;
** Â«Kauthar BankÂ» operates on Islamic banking.

The optimal liquidity ratio is in the range of 0.9 and 1.1 by good practice. That is to say, it is more optimal and efficient when loan portfolio and deposit portfolio are nearly equal.