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 the annual increase in the number of their POS terminals (compared to October 1, 2007) in accordance with the available data as of October 1, 2008.
Banks | POS-terminals | |
1 | Zamin Bank | 1 770 |
2 | Bank Standard | 235 |
3 | AtaBank | 218 |
4 | UniBank | 150 |
5 | Azerbaijan Industry Bank | 146 |
6 | Azerdemiryolbank | 137 |
7 | Parabank | 128 |
8 | Kapital Bank | 126 |
9 | Bank Respublika | 112 |
10 | Royal Bank of Baku | 59 |
11 | Rabitabank | 50 |
12 | International Bank of Azerbaijan | 33 |
13 | Atrabank | 31 |
14 | Technikabank | 28 |
15 | Mughan Bank | 19 |
16 | YapıKredi Bank Azerbaijan | 17 |
17 | Xalg Bank | 16 |
18 | Bank of Baku | 16 |
19 | NBCBank | 15 |
20 | Turanbank | 14 |
21 | Amrahbank | 11 |
22 | Deka Bank | 6 |
23 | Kredo Bank | 2 |
24 | Azer-Turk Bank | 1 |
25 | Gandjabank | 1 |
26 | Gunaybank | 0 |
27 | Nikoil Bank | - 11 |
28 | United Credit Bank | - 15 |
29 | Debut Bank | - 16 |
30 | AGBank | - |
31 | Bank of Azerbaijan | - |
32 | AccessBank * | - |
33 | Birlik Bank | - |
34 | Kafkaz Development Bank | - |
35 | Azerbaijan Credit Bank | - |
36 | Melli İran Bank, Baku | - |
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.
Birlik Bank, Kafkaz Development Bank, Azerbaijan Credit Bank, Melli Ä°ran Bank-Baku, Pasha Bank and Bank Avrasiya have no POS terminals and AGBank, Bank of Azerbaijan, Parabank and Access Bank refused to release figures.