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Azerbaijan-based banks ranked by ROE

05 September 2008 10:57 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based bank organizations 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, bank organizations are ranked by Return on Equity (ROE) ratio in accordance with the available data as of July 1, 2008.
It measures a bankâ€™s efficiency at generating profits from every manat (national currency) of net assets (assets minus liabilities), and shows how well a company uses investment funds to generate earnings growth.
Simple ROE is equal to a net income divided by total equity, expressed as a percentage.

Banks

ROE

1 Technikabank 0,2712
2 Bank of Baku 0,2487
3 Bank Respublika 0,1915
4 YapÄ±Kredi Bank Azerbaijan 0,1865
5 Microfinance Bank of Azerbaijan 0,1822
6 AtaBank 0,1673
7 AGBank 0,1673
8 Amrahbank 0,1601
9 Kapital Bank 0,1303
10 Azer-Turk Bank 0,1286
11 Bank Standard 0,1225
12 Azerbaijan Industry Bank 0,1087
13 Kredo Bank 0,0972
14 Melli Ä°ran Bank, Baku branch 0,0856
15 UniBank 0,0832
16 Mughan Bank 0,0729
17 Turanbank 0,0697
18 Azerbaijan Credit Bank 0,0664
19 NBCBank 0,0638
20 Nikoil Bank 0,0621
21 Bank of Azerbaijan 0,0544
22 Zamin Bank 0,0456
23 Kafkaz Development Bank 0,0437
24 Rabitabank 0,0426
25 Pasha Bank 0,0286
26 Royal Bank of Baku 0,0285
27 Gandjabank 0,0278
28 Atrabank 0,0208
29 International bank of Azerbaijan 0,0190
30 Azerdemiryolbank 0,0189
31 Birlik Bank 0,0097
32 Debut Bank 0,0075
33 Azernaqliyyatbank 0,0057
34 Deka Bank 0,0056
35 KovseÉ™r Bank 0,0036
36 United Credit Bank 0,0027
37 Bank Avrasiya - 0,0136
38 Gunaybank - 0,0236
39 Xalg Bank - 0,2359
40 Para Bank - 0,0471