The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked by the market share in the deposit in accordance with the available data as at January 1. 2011.
Banks | Market share (%) | |
1Â | IBAÂ | 32.33 |
2 | Kapital Bank | 9.22 |
3 | Bank of Baku | 6.06 |
4 | Unibank | 5.32 |
5 | AGBank | 5.19 |
6Â | Demirbank | 3.87 |
7 | Access Bank | 3.85 |
8 | AtaBank | 3.84 |
9 | Royal Bank | 3.22 |
10 | Bank Respublika | 2.86 |
11 | Parabank | 2.79 |
12Â | Rabitabank | 2.72 |
13Â | Mugan Bank | 2.55 |
14 | Bank Nikoil | 2.37 |
15 | Zamin Bank | 2.19 |
16 | Bank of Azerbaijan | 1.80 |
17 | Turanbank | 1.65 |
18 | Xalq Bank | 1.43 |
19 | Bank Avrasiya | 1.38 |
20 | Amrahbank | 1.30 |
21Â | Azer-Turk Bank | 0.66 |
22 | Expressbank | 0.59 |
23 | NBCBank | 0.53 |
24 | Deka Bank | 0.51 |
25 | United Credit Bank | 0.44 |
26 | Kredo Bank | 0.41 |
27 | SilkWay Bank | 0.34 |
28Â | Gunaybank | 0.30 |
29 | Melli Iran Bank – Baku | 0.08 |
30Â | YapiKredi Bank Azerbaijan | 0.05 |
31 | VTB Azerbaijan | 0.05 |
32Â | Kavkaz Development Bank | 0.05 |
33 | Atrabank | 0.02 |
34 | Gandjabank | 0.01 |
35Â | Pasha Bank | -Â |
36 | Bank Standard | - |
37Â | Azerbaijan Industry Bank | -Â |
38Â | Technikabank | -Â |
39Â | Azerbaijan Credit Bank* | -Â |
40Â | AFB Bank*Â | -Â |
41 | National Bank of Pakistan – Baku* | - |
42Â | BTB Bank*Â | -Â |
43Â | Eurobank*Â | -Â |
44Â | Nakhchevanbank* | -Â |
* These banks did not release indexes.