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 incomes growth rate with the available data as of October 1, 2012.
|
Banks
|
Annual growth, %
|
|
|
1 |
Kavkaz Development Bank |
70.28 |
|
2 |
VTB Azerbaijan |
58.72 |
|
3 |
Bank Avrasiya |
53.23 |
|
4 |
SW Bank |
46.47 |
|
5 |
Expressbank |
44.80 |
|
6 |
Atabank |
43.71 |
|
7 |
PASHA Bank |
40.53 |
|
8 |
YapiKredi Bank Azerbaijan |
38.49 |
|
9 |
Kapital Bank |
37.67 |
|
10 |
NBC Bank |
35.56 |
|
11 |
Unibank |
33.72 |
|
12 |
Mugan Bank |
23.55 |
|
13 |
Bank Standard |
22.13 |
|
14 |
Turanbank |
21.33 |
|
15 |
Rabitabank |
20.94 |
|
16 |
Kredobank |
19.67 |
|
17 |
Access Bank |
13.44 |
|
18 |
Azer-Turk Bank |
13.31 |
|
19 |
Demirbank |
13.04 |
|
20 |
Xalq Bank |
11.92 |
|
21 |
AGBank |
8.98 |
|
22 |
Bank Nikoil |
7.24 |
|
23 |
Bank of Azerbaijan |
0.72 |
|
24 |
Azerbaijan Industry Bank |
-0.27 |
|
25 |
IBAR |
-0.44 |
|
26 |
Parabank |
-1.95 |
|
27 |
Deka Bank |
-11.93 |
|
28 |
Gandjabank |
-26.41 |
|
29 |
Gunaybank |
-67.20 |
|
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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