Bank Of Baku

Azerbaijan-based banks ranked in terms of income

Azerbaijan-based banks ranked in terms of income
# 05 November 2008 09:10 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. APA-Economics provides ranking of Azerbaijan-based bank organizations for their various figures and financial performance.
The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, bank organizations are ranked in terms of their revenue for January-September in accordance with the available data as of October 1, 2008.


(mln. AZN)

 

Banks

Income

1

International Bank of Azerbaijan

104,165

2

Bank Standard

81,946

3

UniBank

59,809

4

Technikabank

55,259

5

Azerdemiryolbank

46,400

6

Kapital Bank

44,000

7

Bank Respublika

43,628

8

Xalg Bank

33,270

9

Bank of Baku

30,230

10

AGBank

25,510

11

AccessBank

23,574

12

Nikoil Bank

21,748

13

Yapı Kredi Bank Azerbaijan

18,947

14

Bank of Azerbaijan

18,030

15

Zamin Bank

14,734

16

Pasha Bank

13,884

17

Rabitabank

12,359

18

Royal Bank of Baku

11,783

19

Mughan Bank

10,524

20

Turanbank

10,000

21

Amrahbank

8,823

22

Azerbaijan Industry Bank

8,256

23

Parabank

7,195

24

AtaBank

6,479

25

NBCBank

6,241

26

Azer-Turk Bank

5,408

27

Kredo Bank

4,846

28

Gandjabank

4,221

29

Debut Bank

4,088

30

Bank Avrasiya

3,910

31

Azerbaijan Credit Bank

3,820

32

United Credit Bank

3,551

33

Gunaybank

3,280

34

Atrabank

3,096

35

Deka Bank

2,797

36

Birlik Bank

2,545

37

Melli İran Bank Bakı

2,042

38

Kafkaz Development Bank

1,366



* Microfinance Bank of Azerbaijan changed its name to AccessBank on September 8, 2008.
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