Azerbaijan-based banks ranking by loan portfolio growth rate

Azerbaijan-based banks ranking by loan portfolio growth rate
# 11 November 2008 07:56 (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 loan portfolio growth rate (compared to a year earlier) in accordance with the available data as of October 1, 2008.

Banks

Annual growth (%)

1

Royal Bank of Baku

207,5

2

Xalg Bank

110,8

3

Kapital Bank

107,0

4

International Bank of Azerbaijan

105,5

5

AccessBank

101,2

6

Nikoil Bank

99,9

7

Para Bank

97,4

8

Azerbaijan Industry Bank

94,3

9

Bank Respublika

91,3

10

Zamin Bank

88,8

11

NBCBank

84,2

12

Rabitabank

81,2

13

AGBank

76,6

14

Azerdemiryolbank

74,9

15

Bank of Baku

73,3

16

Amrahbank

65,7

17

UniBank

64,8

18

AtaBank

61,6

19

Mughan Bank

54,4

20

Kredo Bank

54,3

21

Turan Bank

49,8

22

Azer-Turk Bank

48,5

23

Technikabank

48,3

24

Bank of Azerbaijan

36,2

25

Bank Standard

36,0

26

United Credit Bank

35,9

27

Gunay Bank

34,0

28

GandjaBank

22,8

29

Deka Bank

22,1

30

Yapı Kredi Bank Azerbaijan

18,4

31

Debut Bank

18,2

32

Azerbaijan Credit Bank

14,8

33

Birlik Bank

14,6

34

Atrabank

11,3

35

Kafkaz Development Bank

8,3

36

Melli Ä°ran Bank, Baku

- 3,3

37

Bank Avrasiya

-

38

Pasha Bank

-


* Microfinance Bank of Azerbaijan changed its name to AccessBank on September 8, 2008.
* Bank Avrasiya and Pasha Bank launched operations in November 2007.
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