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 deposits growth rate with the available data as of October 1, 2012.
|
Banks
|
Annual growth, %
|
|
|
1 |
SW Bank |
383.55 |
|
2 |
VTB Azerbaijan |
299.24 |
|
3 |
Azerbaijan Industry Bank |
231.99 |
|
4 |
Kapital Bank |
173.88 |
|
5 |
Deka Bank |
111.21 |
|
6 |
NBC Bank |
107.48 |
|
7 |
Kavkaz Development Bank |
61.73 |
|
8 |
Atabank |
53.74 |
|
9 |
YapiKredi Bank Azerbaijan |
50.57 |
|
10 |
Bank of Azerbaijan |
40.90 |
|
11 |
Unibank |
37.71 |
|
12 |
Kredobank |
34.69 |
|
13 |
Demirbank |
31.17 |
|
14 |
IBAR |
30.30 |
|
15 |
Turanbank |
29.82 |
|
16 |
Expressbank |
29.63 |
|
17 |
Mugan Bank |
24.96 |
|
18 |
Bank Nikoil |
24.22 |
|
19 |
AGBank |
24.06 |
|
20 |
Gandjabank |
17.53 |
|
21 |
Azer-Turk Bank |
8.61 |
|
22 |
Rabitabank |
5.88 |
|
23 |
Xalq Bank |
1.83 |
|
24 |
Parabank |
-5.46 |
|
25 |
Bank Avrasiya |
-10.99 |
|
26 |
Access Bank |
-14.26 |
|
27 |
PASHA Bank* |
- |
|
28 |
Bank Standard* |
- |
|
29 |
Gunaybank* |
- |
|
30 |
Bank Respublika* |
- |
|
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.
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