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 branches with the available data as of October 1, 2012.
|
Banks
|
Number of branches
|
|
|
1 |
Kapital Bank |
89 |
|
2 |
IBAR |
36 |
|
3 |
Access Bank |
34 |
|
4 |
Bank Respublika |
32 |
|
5 |
Demirbank |
31 |
|
6 |
Mugan Bank |
30 |
|
7 |
Unibank |
25 |
|
8 |
Atabank |
24 |
|
9 |
Xalq Bank |
19 |
|
10 |
Rabitabank |
18 |
|
11 |
Bank of Azerbaijan |
17 |
|
12 |
AGBank |
16 |
|
13 |
Bank Nikoil |
15 |
|
14 |
Parabank |
15 |
|
15 |
Kredobank |
15 |
|
16 |
Bank Standard |
14 |
|
17 |
Expressbank |
14 |
|
18 |
Atrabank |
13 |
|
19 |
Turanbank |
12 |
|
20 |
Azerbaijan Industry Bank |
10 |
|
21 |
NBC Bank |
10 |
|
22 |
YapiKredi Bank Azerbaijan |
10 |
|
23 |
SW Bank |
8 |
|
24 |
Deka Bank |
7 |
|
25 |
Gandjabank |
5 |
|
26 |
Azer-Turk Bank |
4 |
|
27 |
Kavkaz Development Bank |
3 |
|
28 |
Bank Avrasiya |
1 |
|
29 |
VTB Azerbaijan |
1 |
|
30 |
PASHA Bank* |
- |
|
31 |
Gunaybank* |
- |
|
32 |
Bank of Baku* |
- |
|
33 |
Bank Technique* |
- |
|
34 |
United Credit Bank* |
- |
|
35 |
Amrahbank* |
- |
|
36 |
Zamin Bank* |
- |
|
37 |
Azerbaijan Credit Bank* |
- |
|
38 |
AFB Bank* |
- |
|
39 |
Bank of Pakistan – Baku* |
- |
|
40 |
Bank Melli Iran – Baku* |
- |
|
41 |
BTB Bank* |
- |
|
42 |
Euro Bank* |
- |
|
43 |
Nakhchivanbank* |
- |
*These banks did not release indexes.