Azerbaijan-based banks ranking for profit’s growth rate

Azerbaijan-based banks ranking for profit’s growth rate
# 19 March 2013 08:01 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. APA-Economics regularly provides ranking of Azerbaijan-based bank organizations for their various figures and financial performance.

In the table below, bank organizations are ranked by profit’s growth rate in accordance with the available data as of January 1, 2013.

Banks

Annual growth, %

1

Amrahbank

1,397.10

2

Zaminbank

190.88

3

NBC Bank

185.31

4

IBAR

46.27

5

Atabank

41.14

6

Unibank

38.94

7

Pasha Bank

37.91

8

Gunaybank

33.72

9

Demirbank

25.86

10

Bank Respublika

16.41

11

Azer-Turk Bank

12.02

12

Turanbank

7.06

13

Bank Nikoil

3.92

14

Expressbank

-9.16

15

Access Bank

-9.65

16

Kredobank

-14.60

17

Mugan Bank

-18.72

18

SW Bank

-21.67

19

Azerbaijan Industry Bank

-36.67

20

Xalq Bank

-43.12

21

Kavkaz Development Bank

-43.91

22

Bank of Azerbaijan

-83.87

23

Deka Bank

-97.31

24

Gandjabank**

-

25

Rabitabank**

-

26

Bank Avrasiya**

-

27

VTB Azerbaijan**

-

28

Bank Technique**

-

29

Kapital Bank**

-

30

Parabank**

-

31

AGBank**

-

32

Bank Standard*

-

33

Yapi Kredi Bank*

-

34

United Credit Bank*

-

35

Bank of Baku*

-

36

Atrabank*

-

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’s loss in 2012 made AZN 872,000, profit in 2011 stood at AZN 80,000;

Rabitabank’s profit in 2012 made AZN 184,000, loss in 2011 stood at AZN 1.465 mln;

Bank Avrasiya got AZN 1.658 mln-loss in 2012, AZN 514,000-income in 2011;

VTB Azerbaijan ended 2012 with AZN 2.879 mln-loss, while 2011 with AZN 3.339 mln-loss;

Bank Technique’s loss in 2012 was AZN 45.095 mln, profit in 2011 made AZN 6.112 mln;

Kapital Bank saw AZN 11.113 mln-profit in 2012 and AZN 13.242 mln-loss in 2011;

Parabank’s profit stood at AZN 1.940 mln in 2012, loss - at AZN 293,000 in 2011;

AGBank got AZN 3.031 mln-profit in 2012, AZN 330,000-loss in 2011.

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