Baku. Vahab Rzayev – APA-Economics. APA-ECONOMICS provides ranking of Azerbaijan-based banks for their various figures and financial performance.
The project aims to highlight banks’ financial performance and update the public and potential investors. In the table below, banks are ranked for assets growth rate with the available data as of October 1, 2012.
|
Banks
|
Growth rate, %
|
|
|
1 |
SW Bank |
90.93 |
|
2 |
Kapital Bank |
72.22 |
|
3 |
Expressbank |
50.94 |
|
4 |
NBC Bank |
41.95 |
|
5 |
Bank of Azerbaijan |
37.59 |
|
6 |
Turanbank |
31.92 |
|
7 |
Deka Bank |
31.01 |
|
8 |
Access Bank |
29.87 |
|
9 |
PASHA Bank |
29.35 |
|
10 |
Bank Respublika |
29.05 |
|
11 |
Atabank |
28.32 |
|
12 |
Unibank |
24.19 |
|
13 |
VTB Azerbaijan |
23.41 |
|
14 |
Kavkaz Development Bank |
22.96 |
|
15 |
YapiKredi Bank Azerbaijan |
19.11 |
|
16 |
Xalq Bank |
18.67 |
|
17 |
Mugan Bank |
13.72 |
|
18 |
AGBank |
13.12 |
|
19 |
IBAR |
11.83 |
|
20 |
Kredobank |
10.85 |
|
21 |
Azer-Turk Bank |
9.98 |
|
22 |
Gandjabank |
9.92 |
|
23 |
Bank Nikoil |
9.10 |
|
24 |
Demirbank |
7.18 |
|
25 |
Gunaybank |
3.73 |
|
26 |
Parabank |
3.31 |
|
27 |
Azerbaijan Industry Bank |
-2.95 |
|
28 |
Bank Avrasiya |
-3.52 |
|
29 |
Bank Standard* |
- |
|
30 |
Rabitabank* |
- |
|
31 |
Atrabank* |
- |
|
32 |
Bank of Baku* |
- |
|
33 |
Bank Technique* |
- |
|
34 |
United Credit Bank* |
- |
|
35 |
Amrahbank* |
- |
|
36 |
Zamin Bank* |
- |
|
37 |
Azerbaijan Credit Bank* |
- |
|
38 |
AFB Bank* |
- |
|
39 |
National Bank of Pakistan – Baku* |
- |
|
40 |
Bank Melli Iran – Baku* |
- |
|
41 |
BTB Bank* |
- |
|
42 |
Euro Bank* |
- |
|
43 |
Nakhchivanbank* |
- |
*These banks did not release indexes.