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Azerbaijan-based banks ranking by total capital growth rate

11 November 2008 13:01 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides ranking of Azerbaijan-based bank organizations for their various figures and financial performance.
The project aims to highlight banksâ€™ financial performance and update the public and potential investors. In the table below, bank organizations are ranked in terms of total capital growth rate (compared to a year earlier) in accordance with the available data as of October 1, 2008.

Banks		Annual growth (%)
1	Nikoil Bank	127,3
2	AccessBank *	119,6
3	Bank Respublika	114,6
4	Azerdemiryolbank	104,9
5	Kapital Bank	100,4
6	Yapı Kredi Bank Azerbaijan	89,2
7	AGBank	79,3
8	Amrahbank	73,2
9	Bank of Baku	69,4
10	AtaBank	62,7
11	Birlik Bank	62,5
12	Azərbaycan Sənaye Bankı	60,2
13	Technikabank	55,2
14	Royal Bank of Baku	42,1
15	Kredo Bank	35,7
16	Turanbank	32,8
17	NBCBank	32,6
18	UniBank	28,7
19	Bank Standard	28,0
20	Bank of Azerbaijan	26,3
21	Mughan Bank	22,3
22	International Bank of Azerbaijan	20,7
23	Rabitabank	18,6
24	Gandjabank	14,7
25	Zamin Bank	11,0
26	Deka Bank	8,2
27	Azerbaijan Credit Bank	7,6
28	Azer-Turk Bank	6,7
29	Debut Bank	5,6
30	Atrabank	5,4
31	United Credit Bank	5,0
32	Gunaybank	0,7
33	Xalg Bank	- 0,8
34	Melli İran Bank, Baku	- 1,2
35	Kafkaz Development Bank	- 2,3
36	Parabank	- 13,8
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.