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 customers’ growth rate with the available data as of October 1, 2012.
|
Banks
|
Annual growth, %
|
|
|
1 |
Kavkaz Development Bank |
89.63 |
|
2 |
Unibank |
49.11 |
|
3 |
Turanbank |
46.10 |
|
4 |
Bank Standard |
38.79 |
|
5 |
Mugan Bank |
36.35 |
|
6 |
Bank of Azerbaijan |
35.49 |
|
7 |
Xalq Bank |
34.25 |
|
8 |
Azerbaijan Industry Bank |
33.67 |
|
9 |
VTB Azerbaijan |
32.53 |
|
10 |
NBC Bank |
32.14 |
|
11 |
Bank Avrasiya |
28.75 |
|
12 |
AGBank |
26.87 |
|
13 |
Azer-Turk Bank |
24.12 |
|
14 |
SW Bank |
17.26 |
|
15 |
Gandjabank |
12.65 |
|
16 |
Bank Nikoil |
8.60 |
|
17 |
Kredobank |
6.84 |
|
18 |
Rabitabank |
5.86 |
|
19 |
Demirbank |
-40.89 |
|
20 |
Parabank |
-45.93 |
|
21 |
Expressbank |
-65.89 |
|
22 |
IBAR* |
- |
|
23 |
PASHA Bank* |
- |
|
24 |
Atabank* |
- |
|
25 |
Access Bank* |
- |
|
26 |
Deka Bank* |
- |
|
27 |
Gunaybank* |
- |
|
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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