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Azerbaijan-based banks ranked by liquidity

02 September 2008 13:26 (UTC +04:00)

Banks		Credit / Deposit
1	Birlik Bank	27,05
2	Debut Bank	24,56
3	Microfinance Bank of Azerbaijan	14,73
4	Kafkaz Development Bank	10,33
5	Gandjabank	7,21
6	Atrabank	5,76
7	Azerbaijan Credit Bank	4,87
8	Kredo Bank	4,82
9	NBCBank	4,00
10	Deka Bank	3,25
11	United Credit Bank	3,23
12	Gunaybank	2,50
13	Azerdemiryolbank	2,49
14	UniBank	2,47
15	Mughan Bank	2,04
16	Azernaqliyyatbank	2,00
17	Bank of Azerbaijan	1,98
18	Zamin Bank	1,84
19	Bank Standard	1,75
20	Turanbank	1,70
21	Nikoil Bank	1,62
22	Royal Bank of Baku	1,62
23	Bank Respublika	1,60
24	Technikabank	1,58
25	AGBank	1,39
26	International Bank of Azerbaijan	1,33
27	Bank Avrasiya	1,30
28	Azer-Turk Bank	1,14
29	Xalg Bank	1,12
30	Parabank	1,11
31	Amrahbank	1,06
32	Bank of Baku	1,04
33	Azerbaijan Industry Bank	1,00
34	AtaBank	0,93
35	Rabitabank	0,89
36	Melli İran Bank, Baku	0,86
37	Pasha Bank	0,82
38	Kapital Bank	0,79
39	YapiKredi Bank Azerbaijan	0,43
40	Kovser Bank*	-

Note: Kovser Bankâ€™s operation is based on Sharia (Islamic banking principles)
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.
As seen above, the ratio is around 1 for 7 banks (Azer-Turk Bank, Xalg Bank, Parabank, Amrahbank, Bank of Baku, Azerbaijan Industry Bank and AtaBank). That is to say, these banks are more reliable for depositors to deposit money. These banks also have the opportunity to further expand their loan portfolio.