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 number of legal clients with the available data as of October 1, 2012.
Banks
|
Number of legal clients
|
|
1 |
IBAR |
12,955 |
2 |
Mugan Bank |
5,592 |
3 |
Unibank |
4,163 |
4 |
Bank Nikoil |
3,463 |
5 |
Azerbaijan Industry Bank |
3,345 |
6 |
Bank Standard |
3,204 |
7 |
Kredobank |
2,988 |
8 |
AGBank |
2,796 |
9 |
Bank of Azerbaijan |
2,335 |
10 |
YapiKredi Bank Azerbaijan |
2,019 |
11 |
Xalq Bank |
1,537 |
12 |
Demirbank |
1,158 |
13 |
Atrabank |
1,094 |
14 |
Azer-Turk Bank |
1,054 |
15 |
Parabank |
896 |
16 |
Rabitabank |
790 |
17 |
Turanbank |
733 |
18 |
Kavkaz Development Bank |
582 |
19 |
Gandjabank |
495 |
20 |
NBC Bank |
342 |
21 |
VTB Azerbaijan |
261 |
22 |
Bank Avrasiya |
192 |
23 |
SW Bank |
165 |
24 |
Expressbank |
19 |
25 |
PASHA Bank* |
- |
26 |
Atabank* |
- |
27 |
Access Bank* |
- |
28 |
Deka Bank* |
- |
29 |
Gunaybank* |
- |
30 |
Bank Respublika* |
- |
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 |
National Bank of Iran – Baku* |
- |
41 |
BTB Bank* |
- |
42 |
Euro Bank* |
- |
43 |
Nakhchivanbank* |
- |
*These banks did not release indexes.