Azerbaijan-based banks ranking for marketing expenses growth rate

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*

-

*These banks did not release indexes.

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THE OPERATION IS BEING PERFORMED