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Azerbaijan-based banks ranked by ROE

21 November 2008 09:53 (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 by Return on Equity (ROE) ratio in accordance with the available data as of October 1, 2008.
It measures a bankâ€™s efficiency at generating profits from every manat (national currency) of net assets (assets minus liabilities), and shows how well a company uses investment funds to generate earnings growth.
Simple ROE is equal to a net income divided by total equity, expressed as a percentage.

Banks		ROE
1	Azerdemiryolbank	0,4395
2	Bank of Baku	0,3699
3	Technikabank	0,3489
4	Bank Standard	0,3151
5	Bank Respublika	0,2818
6	AccessBank	0,2353
7	AGBank	0,2254
8	YapıKredi Bank Azerbaijan	0,2015
9	Azer-Turk Bank	0,1937
10	Azerbaijan Industry Bank	0,1923
11	Amrahbank	0,1605
12	Deka Bank	0,1245
13	UniBank	0,1218
14	Bank of Azerbaijan	0,1180
15	Turanbank	0,1180
16	Nikoil Bank	0,1053
17	AtaBank	0,1050
18	Mughan Bank	0,1029
19	Rabitabank	0,1022
20	Melli İran Bank Baku	0,0985
21	Zamin Bank	0,0918
22	International Bank of Azerbaijan	0,0889
23	Royal Bank of Baku	0,0834
24	Kapital Bank	0,0824
25	Debut Bank	0,0796
26	Pasha Bank	0,0734
27	Kredo Bank	0,0728
28	Gandjabank	0,0700
29	Bank Avrasiya	0,0663
30	NBCBank	0,0538
31	Atrabank	0,0222
32	Birlik Bank	0,0210
33	United Credit Bank	0,0129
34	Gunaybank	0,0067
35	Azerbaijan Credit Bank	0,0012
36	Kafkaz Development Bank	- 0,0073
37	Para Bank	- 0,0617
38	Xalg Bank	- 0,1245