Bank Of Baku

Azerbaijan-based banks ranking for profit growth rate

 Azerbaijan-based banks ranking for profit growth rate
# 12 June 2013 12:23 (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 for profit growth rate in accordance with the available data as of April 1, 2013.

 

 

 

Banks

 

Growth rate, %

 

1

Amrahbank

879.87

2

Bank of Azerbaijan

423.09

3

NBC Bank

236.17

4

Zaminbank

182.53

5

Kapital Bank

172.73

6

Unibank

169.45

7

Access Bank

153.52

8

AGBank

92.20

9

IBAR

69.57

10

Kavkaz Development Bank

69.39

11

Rabitabank

66.15

12

Turanbank

57.68

13

Bank Respublika

17.14

14

Kredobank

5.24

15

Pasha Bank

0.24

16

Atabank

-12.12

17

Mugan Bank

-14.90

18

Azerbaijan Industry Bank

-16.45

19

Xalq Bank

-22.60

20

Demirbank

-26.08

21

SW Bank

-32.89

22

Gunaybank

-35.29

23

Expressbank

-36.50

24

Bank Nikoil

-49.53

25

Azer-Turk Bank

-55.77

26

Yapi KrediBank

-62.11

27

Gandjabank

-80.18

28

Bank Avrasiya**

-

29

VTB Azerbaijan**

-

30

Bank Standard*

-

31

Bank Technique*

-

32

Parabank*

-

33

Deka 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.

 

** Bank Avrasiya ended the quarter with AZN 0.645 mln-profit, whereas, it ended Q1 of last year with AZN 3.339 mln-loss;

 

** VTB Azerbaijan ended the quarter with AZN 0.142 mln-loss. In Q1 of last year, the loss stood at AZN 1.093 mln. 

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