Bank Of Baku

Azerbaijan-based 6 banks sees decline in number of clients - ANALYSIS

Azerbaijan-based 6 banks sees decline in number of clients - ANALYSIS
# 02 October 2014 13:05 (UTC +04:00)

               Baku. Musa Ahmadov – APA-Economics. Azerbaijan-based 17 banks increased, 6 banks

               decreased number of clients.

               18 banks did not release indices of January-June of 2013/14. 3 banks released indices of

               January-June of 2014.

                DekaBank ranked at first. Compared to a year earlier, the bank decreased number of

                clients 87% to 193 from 1,498 in the second quarter of 2014.

                The second place was held by NIKOIL Bank with decline of 70.67%. It lost 116,303 clients.  

                Azer-Turk Bank ranked at third losing 6,513 clients.

                 Table-1

 

 

Banks

 

 

Number of clients

Growth

Compared to the 2nd quarter, 2013

(%)

 

1

Kapital Bank

2,225,464

-0.17

2

Amrahbank

56,398

-1.59

3

Kredobank

31,340

-2.56

4

Azer-Turk Bank

24,767

-20.82

5

Bank Nikoil

48,261

-70.67

6

DekaBank

193

-87.12

                Demirbank increased number of clients 267% or 88,844 to 122,067. Bank VTB Azerbaijan

                approximately increased number of clients 100% to 16,030 from 8,026. Bank BTB 

                ranked 3rd with the growth of 95%. Atrabank added 1 client.

                Table-2

 

 

Banks

 

 

Number of clients

Growth

Compared to the 2nd quarter, 2013

(%)

 

1

Demirbank

122,067

267.41

2

Bank VTB (Azerbaijan)

16,030

99.73

3

Bank BTB

42,052

95.16

4

RabitaBank

97,090

79.72

5

Exspressbank

87,800

71.17

6

Kavkaz Development Bank

7,896

59.55

7

YapiKredi Bank Azerbaijan

160,694

53.47

8

MuganBank

116,526

52.45

9

AFB Bank

34,312

26.44

10

Ganjabank

5,311

22.40

11

Bank Technique

125,967

21.96

12

AGBank

102,720

20.57

13

Zaminbank

164,235

19.21

14

Bank Standard

225,090

17.75

15

TuranBank

48,724

12.20

16

Gunay Bank

1,603

7.58

17

Atrabank

6,708

0.01

                   It’s impossible to define annual growth as the International Bank of Azerbaijan, Xalg Bank

                   and Parabank did not release indices for 2013.

                   Following banks did not release indices.

 

                 Table-3

 

 

 

Banks

 

 

Number of clients

Growth

Compared to the 2nd quarter, 2013

(%)

 

1

Unibank

-

-

2

AccessBank

-

-

3

AtaBank

-

-

4

Bank Respublika

-

-

5

Bank of Baku

-

-

6

United Credit Bank

-

-

7

NBC Bank

-

-

8

Bank Avrasiya

-

-

9

PASHA Bank

-

-

10

Bank Silk Way

-

-

11

Azerbaijan Credit Bank

-

-

12

Bank Melli Iran

-

-

13

National Bank of Pakistan

-

-

14

Bank of Azerbaijan

-

-

15

Azerbaijan Industry Bank

-

-

16

Eurobank

-

-

17

Nakhchivanbank

-

-

 

*               These banks did not release indices.

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