Bank Of Baku

Azerbaijan-based banks ranked in terms of expenditure

Azerbaijan-based banks ranked in terms of expenditure
# 05 November 2008 09:11 (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 expenditure for January-September in accordance with the available data as of October 1, 2008.



(mln. AZN)

                                       Banks

 

Expenditure

1

International Bank of Azerbaijan

74,935

2

Bank Standard

54,874

3

UniBank

51,999

4

Xalg Bank

39,018

5

Kapital Bank

37,887

6

Technikabank

35,217

7

Azerdemiryolbank

31,400

8

Bank Respublika

31,319

9

Bank of Baku

20,790

10

AGBank

18,727

11

Nikoil Bank

18,598

12

Bank of Azerbaijan

15,586

13

Yapı Kredi Bank Azerbaijan

14,497

14

AccessBank

14,242

15

Zamin Bank

13,422

16

Rabitabank

11,096

17

Royal Bank of Baku

10,164

18

Mughan Bank

8,982

19

Parabank

7,919

20

Turanbank

7,900

21

Pasha Bank

6,005

22

NBCBank

5,441

23

Amrahbank

5,310

24

Azerbaijan Industry Bank

4,846

25

AtaBank

4,504

26

Azerbaijan Credit Bank

3,807

27

Kredo Bank

3,780

28

Gandjabank

3,379

29

United Credit Bank

3,378

30

Gunaybank

3,208

31

Debut Bank

3,203

32

Azer-Turk Bank

3,088

33

Atrabank

2,841

34

Bank Avrasiya

2,529

35

Birlik Bank

2,154

36

Kafkaz Development Bank

1,444

37

Deka Bank

1,387

38

Melli İran Bank, Bakı

0,936



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