The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, bank organizations are ranked by the number of their branches in accordance with the available data as of October 1, 2008.
Banks |
Number of Branches | |
1 | Kapital Bank | 90 |
2 | International Bank of Azerbaiajn | 36 |
3 | Technikabank | 35 |
4 | Bank Respublika | 29 |
5 | Royal Bank of Baku | 28 |
6 | Azerdemiryolbank | 26 |
7 | Mughan Bank | 23 |
8 | Amrahbank | 23 |
9 | UniBank | 22 |
10 | Zamin Bank | 21 |
11 | Rabitabank | 18 |
12 | Bank of Azerbaijan | 18 |
13 | AccessBank * | 17 |
14 | Bank Standard | 16 |
15 | AtaBank | 16 |
16 | Bank of Baku | 15 |
17 | AGBank | 13 |
18 | Turanbank | 11 |
19 | Parabank | 11 |
20 | Atrabank | 11 |
21 | Nikoil Bank | 10 |
22 | Kredo Bank | 9 |
23 | Debut Bank | 7 |
24 | Xalg Bank | 6 |
25 | NBCBank | 6 |
26 | Deka Bank | 6 |
27 | United Credit Bank | 5 |
28 | Azerbaijan Industry Bank | 5 |
29 | Yapı Kredi Bank Azerbaijan | 3 |
30 | Birlik Bank | 3 |
31 | Azer-Turk Bank | 2 |
32 | Kafkaz Development Bank | 2 |
33 | Gandjabank | 2 |
34 | Gunaybank | 1 |
35 | Pasha Bank | 0 |
36 | Bank Avrasiya | 0 |
37 | Azerbaijan Credit Bank | 0 |
38 | Melli İran Bank, Baku | - |
* Microfinance Bank of Azerbaijan changed its name to AccessBank on September 8, 2008.