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 profit growth rate with the available data as of October 1, 2012.
|
Banks
|
Annual growth, %
|
|
|
1 |
Bank of Azerbaijan |
1 212.37 |
|
2 |
NBC Bank |
406.43 |
|
3 |
Xalq Bank |
319.72 |
|
4 |
Unibank |
180.46 |
|
5 |
Azerbaijan Industry Bank |
175.14 |
|
6 |
SW Bank |
134.78 |
|
7 |
IBAR |
124.64 |
|
8 |
Atabank |
98.39 |
|
9 |
Kredobank |
57.45 |
|
10 |
Mugan Bank |
57.27 |
|
11 |
AGBank |
55.95 |
|
12 |
Demirbank |
48.41 |
|
13 |
Bank Nikoil |
45.72 |
|
14 |
Azer-Turk Bank |
34.86 |
|
15 |
Expressbank |
27.73 |
|
16 |
Kavkaz Development Bank |
21.19 |
|
17 |
Access Bank |
9.43 |
|
18 |
Parabank |
-7.56 |
|
19 |
Turanbank |
-7.89 |
|
20 |
YapiKredi Bank Azerbaijan |
-14.14 |
|
21 |
Deka Bank |
-26.76 |
|
22 |
Gunaybank |
-124.80 |
|
23 |
Gandjabank** |
- |
|
24 |
Rabitabank** |
- |
|
25 |
Bank Avrasiya** |
- |
|
26 |
VTB Azerbaijan** |
- |
|
27 |
PASHA Bank* |
- |
|
28 |
Bank Standard* |
- |
|
29 |
Kapital Bank* |
- |
|
30 |
Bank Respublika* |
- |
|
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.
**Gandjabank resulted 9 months of 2012 with AZN 450,000 loss, got AZN 3,000-profit;
Rabitabank’s profit in 9 months made AZN 527,000, loss – AZN 884,000;
Bank Avrasiya’s profit in 9 months made AZN 822,000, loss – AZN 344,000;
«VTB Azerbaijan’s loss in 9 months of 2012 made AZN 1,812 thousand, while it was AZN 2,389 thousand in 2011;
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