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Azerbaijan-based banks ranked in terms of loan portfolio

19 February 2009 12:59 (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 loan portfolio in accordance with the available data as of January 1, 2009.

Banks		Loan portfolio (AZN million)
1	International Bank of Azerbaijan	2 925,867
2	Bank Standard	394,421
3	Kapital Bank	365,847
4	Xalg Bank	360,649
5	Technikabank	337,691
6	UniBank	319,247
7	Bank Respublika	260,367
8	Azerdemiryolbank	168,592
9	AccessBank	165,941
10	Nikoil Bank	157,710
11	AGBank	154,580
12	Bank of Baku	152,049
13	AtaBank	98,662
14	Bank of Azerbaijan	88,431
15	Royal Bank	78,764
16	YapıKredi Bank Azerbaijan	78,725
17	Zamin Bank	75,293
18	Rabitabank	68,434
19	Turan Bank	66,686
20	Mughan Bank	66,400
21	Pasha Bank	44,403
22	Para Bank	42,317
23	Amrahbank	39,583
24	Azerbaijan Industry Bank	36,101
25	NBCBank	34,158
26	Gunay Bank	30,651
27	Birlik Bank	28,626
28	Kafkaz Development Bank	27,246
29	Debut Bank	27,202
30	Bank Avrasiya	27,074
31	Azerbaijan Credit Bank	26,102
32	Azer-Turk Bank	25,958
33	Kredo Bank	25,302
34	Gandjabank	24,863
35	Atrabank	24,440
36	Deka Bank	21,230
37	United Credit Bank	21,049
38	Melli Iran Bankı – Baku Branch	5,959
39	Kovser Bank*	-

KovsÉ™r Bank* doesnâ€™t lend loans because it operates on sharia

As shown in the table, International Bank of Azerbaijan has a 40.9% share in the total loan lending. Besdies, the first ten accounts for Â¾ of the total lending.