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’ growth rate with the available data as of October 1, 2012.
|
Banks
|
Annual growth
|
|
|
1 |
Access Bank |
5 |
|
2 |
Xalq Bank |
4 |
|
3 |
Expressbank |
4 |
|
4 |
Bank Respublika |
3 |
|
5 |
YapiKredi Bank Azerbaijan |
3 |
|
6 |
Bank of Azerbaijan |
2 |
|
7 |
Bank Nikoil |
2 |
|
8 |
Unibank |
2 |
|
9 |
NBC Bank |
2 |
|
10 |
Kavkaz Development Bank |
1 |
|
11 |
Demirbank |
1 |
|
12 |
Azerbaijan Industry Bank |
1 |
|
13 |
Turanbank |
1 |
|
14 |
Atabank |
0 |
|
15 |
Gandjabank |
0 |
|
16 |
Rabitabank |
0 |
|
17 |
Deka Bank |
0 |
|
18 |
Parabank |
0 |
|
19 |
Kredobank |
0 |
|
20 |
SW Bank |
0 |
|
21 |
AGBank |
0 |
|
22 |
Azer-Turk Bank |
0 |
|
23 |
Bank Avrasiya |
0 |
|
24 |
Mugan Bank |
0 |
|
25 |
VTB Azerbaijan |
0 |
|
26 |
Kapital Bank |
0 |
|
27 |
IBAR |
-1 |
|
28 |
Bank Standard |
-1 |
|
29 |
PASHA Bank* |
- |
|
30 |
Gunaybank* |
- |
|
31 |
Atrabank* |
- |
|
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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