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Azerbaijan-based banks ranking by consume lending growth rate

14 November 2008 07:58 (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 consume loan growth rate (compared to January-September last year) in accordance with the available data as of October 1, 2008.

Banks		Annual rise (%)
1	Debut Bank	1 059,0
2	Yapı Kredi Bank Azerbaijan	265,3
3	Kapital Bank	232,6
4	Royal Bank of Baku	189,2
5	Azerbaijan Industry Bank	175,2
6	Bank Respublika	164,2
7	Kafkaz Development Bank	163,9
8	Azerdemiryolbank	125,0
9	AccessBank *	116,0
10	Nikoil Bank	105,9
11	NBCBank	96,5
12	UniBank	96,5
13	Bank of Baku	82,4
14	Kredo Bank	70,0
15	Rabitabank	66,6
16	International Bank of Azerbaijan	65,1
17	Azer-Turk Bank	57,9
18	AtaBank	50,4
19	Technikabank	45,8
20	Atrabank	43,6
21	Bank of Azerbaijan	29,1
22	Amrahbank	22,8
23	Xalg Bank	22,1
24	Gunaybank	19,3
25	Gandjabank	9,8
26	Azerbaijan Credit Bank	7,3
27	United Credit Bank	5,4
28	Birlik Bank	- 24,6
29	Melli İran Bank, Baku	- 33,5
30	Bank Standard	- 34,2
31	Zamin Bank	- 37,5
32	Mughan Bank	- 37,9
33	Parabank	- 61,3
34	AGBank	-
35	Turanbank	-
36	Deka Bank	-
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.
AGBank, Turanbank and Dekabank declined to release figures.