Finance

Home page

Finance

Requisitions for minimum capital of Azerbaijan-based banks quintuples â€“ TABLE

Requisitions for minimum capital of Azerbaijan-based banks quintuples â€“ <font color=red>TABLE </font>

03 August 2012 13:09 (UTC +04:00)

According to APA-Economics, new norm on minimum quantity of total capital will come to force on January 1. 2014.

Information says the transition period is sufficient for realization of correspondence strategies to new capital requisition.

Besides, application of new requisitions will give a rise to increase quality of capital and to strengthen the sustainability and financial stability of banking system.

Remind that. at present the requisition applied minimum sum of authorized capital of Azerbaijan-based banks makes AZN 10 mln.

Following table presents results of rankings for authorized capital as of April 1, 2012:

Banks		Total capital (mln. AZN)
1	IBAR	419.286
2	Xalq Bank	176.203
3	PASHA Bank	150.237
4	Technikabank	99.997
5	Access Bank	91.248
6	Kapital Bank	86.918
7	Expressbank	84.373
8	Bank of Baku	66.636
9	Bank Respublika	60.519
10	YapiKredi Bank Azerbaijan	58.324
11	Unibank	57.641
12	Demirbank	51.224
13	SW Bank	42.145
14	AGBank	35.484
15	Mugan Bank	34.251
16	Bank Nikoil	32.171
17	Atabank	30.424
18	Azerbaijan Industry Bank	29.902
19	Zamin Bank	26.068
20	Turanbank	25.527
21	Bank of Azerbaijan	25.372
22	Kredobank	22.745
23	Bank Avrasiya	18.872
24	NBC Bank	18.421
25	Royal Bank	16.755
26	Rabitabank	16.166
27	Gandjabank	15.923
28	VTB Azerbaijan	14.981
29	Deka Bank	14.636
30	Kavkaz Development Bank	14.432
31	Parabank	13.850
32	United Credit Bank	13.582
33	Gunaybank	13.364
34	Azer-Turk Bank	13.227
35	Atrabank	11.457
36	Bank Standard*	-
37	Amrahbank*	-
38	Azerbaijan Credit Bank*	-
39	AFB Bank*	-
40	National Bank of Pakistan – Baku*	-
41	BTB Bank*	-
42	Euro Bank*	-
43	Nakhchivanbank*	-
44	Bank Melli Iran – Baku*	-