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Azerbaijan-based banks ranking by rise in the number of bureaus of exchange

18 November 2008 07:37 (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 the annual increase in the number of their bureaus of exchange (compared to October 1, 2007) in accordance with the available data as of October 1, 2008.

Banks		Rise
1	Bank of Azerbaijan	20
2	UniBank	13
3	Debut Bank	7
4	Turanbank	6
5	Kapital Bank	5
6	AtaBank	5
7	Azerbaijan Industry Bank	3
8	Royal Bank of Baku	1
9	Xalg Bank	1
10	Zamin Bank	1
11	Azer-Turk Bank	1
12	International Bank of Azerbaijan	0
13	Technikabank	0
14	Amrahbank	0
15	Atrabank	0
16	Bank Standard	0
17	Kredo Bank	0
18	Gunaybank	0
19	Azerbaijan Credit Bank	0
20	YapıKredi Bank Azerbaijan	- 1
21	Mughan Bank	- 1
22	Rabitabank	- 11
23	Azerdemiryolbank	-
24	Nikoil Bank	-
25	AGBank	-
26	AccessBank *	-
27	Bank of Baku	-
28	Melli İran Bankı Bakı	-
29	Bank Respublika	-
30	Parabank	-
31	Birlik Bank	-
32	NBCBank	-
33	United Credit Bank	-
34	Kafkaz Development Bank	-
35	Gandjabank	-
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.
17 banks have no bureaus of exchange.