Finance

Finance

Azerbaijan-based banks ranked by ROE

01 April 2009 15:46 (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, bank organizations are ranked by Return on Equity (ROE) ratio in accordance with the available data as of January 1, 2009.
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	Bank of Baku	0,4158
2	Bank Standard	0,4012
3	Texnikabank	0,3401
4	AtaBank	0,3354
5	Azerdemiryolbank	0,2841
6	Bank Respublika	0,2812
7	International Bank of Azerbaijan	0,2752
8	AGBank	0,2726
9	YapıKredi Bank Azerbaijan	0,2608
10	Azer-Turk Bank	0,2304
11	Amrahbank	0,1525
12	Turan Bank	0,1419
13	UniBank	0,1415
14	Azerbaijan Industry Bank	0,1233
15	Melli İran Bankı - Bakı	0,1134
16	Mughan Bank	0,1061
17	Rabitabank	0,1034
18	Pasha Bank	0,0843
19	Gandja Bank	0,0808
20	Nikoil Bank	0,0706
21	Azerbaijan Credit Bank	0,0626
22	Kapital Bank	0,0567
23	NBCBank	0,0420
24	Kovser Bank	0,0411
25	AccessBank	0,0348
26	Deka Bank	0,0295
27	Bank of Azerbaijan	0,0262
28	United Credit Bank	0,0215
29	Xalg Bank	0,0156
30	Kredo Bank	0,0103
31	Zamin Bank	0,0102
32	Gunay Bank	0,0064
33	Royal Bank	0,0043
34	Bank Avrasiya	0,0043
35	Atrabank	0,0028
36	Debut Bank	0,0014
37	Kafkaz Development Bank	( - 0,0094)
38	Birlik Bank	( - 0,0116)
39	Para Bank	( - 0,0660)