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.