Finance

Finance

Azerbaijan-based banks ranking by rise in the number of branches

31 March 2009 07:45 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. APA-Economics provides rankings of Azerbaijan-based banks 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, banks are ranked in terms of the annual increase in the number of their branches (compared to a year ago) in accordance with the available data as of January 1, 2009.

Banks		Rise
1	Royal Bank	12
2	UniBank	10
3	Bank Respublika	7
4	Mughan Bank	6
5	Bank Standard	5
6	Azerbaijan Industry Bank	5
7	AccessBank	5
8	Azerdemiryolbank	4
9	Xalg Bank	4
10	Technikabank	4
11	AtaBank	4
12	Para Bank	4
13	NBCBank	4
14	Rabitabank	3
15	Amrahbank	3
16	AGBank	3
17	Bank of Azerbaijan	2
18	Atrabank	2
19	Yapı Kredi Bank Azerbaijan	1
20	Azer-Turk Bank	1
21	Kapital Bank	1
22	Kredo Bank	1
23	Gandja Bank	1
24	International Bank of Azerbaijan	0
25	Turan Bank	0
26	Zamin Bank	0
27	Nikoil Bank	0
28	Bank of Baku	0
29	Gunay Bank	0
30	Birlik Bank	0
31	Deka Bank	0
32	United Credit Bank	0
33	Debut Bank	0
34	Kovser Bank	0
35	Kafkaz Development Bank	( - 1)
36	Bank Avrasiya	-
37	Azerbaijan Credit Bank	-
38	Pasha Bank	-
39	Melli İran Bank – Baku branch	-