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 interest expenses growth rate with the available data as of October 1, 2012.
Banks
|
Annual growth, %
|
|
1 |
Kredobank |
309.10 |
2 |
YapiKredi Bank Azerbaijan |
102.32 |
3 |
VTB Azerbaijan |
91.22 |
4 |
Kavkaz Development Bank |
66.85 |
5 |
Expressbank |
53.71 |
6 |
Unibank |
35.06 |
7 |
Azerbaijan Industry Bank |
32.99 |
8 |
Gandjabank |
30.82 |
9 |
SW Bank |
25.53 |
10 |
Atabank |
21.56 |
11 |
Turanbank |
20.99 |
12 |
Azer-Turk Bank |
20.05 |
13 |
Bank of Azerbaijan |
19.98 |
14 |
AGBank |
16.58 |
15 |
Demirbank |
14.47 |
16 |
PASHA Bank |
13.31 |
17 |
Bank Nikoil |
12.14 |
18 |
Mugan Bank |
5.87 |
19 |
Xalq Bank |
-1.49 |
20 |
Rabitabank |
-1.97 |
21 |
Access Bank |
-4.57 |
22 |
Parabank |
-10.71 |
23 |
NBC Bank |
-66.86 |
24 |
IBAR* |
- |
25 |
Bank Standard* |
- |
26 |
Deka Bank* |
- |
27 |
Bank Avrasiya* |
- |
28 |
Gunaybank* |
- |
29 |
Bank Respublika* |
- |
30 |
Atrabank* |
- |
31 |
Kapital Bank* |
- |
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.