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Azerbaijan-based banks ranking for marketing expenses growth rate

05 December 2012 12:55 (UTC +04:00)

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 marketing expenses’ growth rate with the available data as of October 1, 2012.

Banks		Annual growth, %
1	Turanbank	82.21
2	SW Bank	64.44
3	Rabitabank	42.86
4	Unibank	41.62
5	Xalq Bank	35.10
6	Azer-Turk Bank	-1.82
7	NBC Bank	-39.13
8	Gandjabank	-44.44
9	IBAR*	-
10	Bank of Azerbaijan*	-
11	Kavkaz Development Bank*	-
12	PASHA Bank*	-
13	Atabank*	-
14	Access Bank*	-
15	Demirbank*	-
16	Bank Nikoil*	-
17	Bank Standard*	-
18	Deka Bank*	-
19	Parabank*	-
20	Kredobank*	-
21	Azerbaijan Industry Bank*	-
22	AGBank*	-
23	Expressbank*	-
24	Bank Avrasiya*	-
25	Gunaybank*	-
26	Mugan Bank*	-
27	VTB Azerbaijan*	-
28	Bank Respublika*	-
29	Atrabank*	-
30	Kapital Bank*	-
31	YapiKredi Bank Azerbaijan*	-
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*	-