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Azerbaijan-based banks ranking in terms of net profit

23 February 2009 14:42 (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 their profit made during 2008 in accordance with the available data as of January 1, 2009.
(mln. AZN)

Banks		Net profit (Loss) (mln. AZN)
1	International Bank of Azerbaijan	85,467
2	Technikabank	13,822
4	Bank Respublika	9,583
4	Bank of Baku	8,353
5	Azerdemiryolbank	8,164
6	UniBank	6,687
7	AtaBank	5,333
8	YapıKredi Bank Azerbaijan	5,227
9	Bank Standard	4,798
10	Kapital Bank	3,443
11	Amrahbank	3,421
12	AGBank	3,259
13	Azer-Turk Bank	2,194
14	Turan Bank	2,131
15	Nikoil Bank	1,492
16	AccessBank	1,491
17	Mughan Bank	1,211
18	Melli İran Bankı Bak branch	0,966
19	Rabitabank	0,742
20	Xalg Bank	0,649
21	NBCBank	0,459
22	Bank of Azerbaijan	0,367
23	Deka Bank	0,247
24	United Credit Bank	0,194
25	Kredo Bank	0,142
26	Kövsər Bank	0,104
27	Zamin Bank	0,103
28	Royal Bank	0,061
29	Kafkaz Development Bank	- 98,34
30	Birlik Bank	- 210,04
31	Para Bank	- 810,37
32	Azerbaijan Industry Bank	-
33	Gunay Bank	-
34	Debut Bank	-
35	Bank Avrasiya	-
36	Azerbaijan Credit Bank	-
37	Pasha Bank	-
38	Gandjabank	-
39	Atrabank	-