Unibank has been announced the best bank in Azerbaijan in 2005 by The Banker, a member of the group of Financial Times, The Banker reports.
The laureates are selected by the representatives of the Banker on the base of replies from the bank to questions on rise of their capital, assets and profitability. Besides, they should also demonstrate how the use of technologies helps them in the market, while the structure and strategy enables them to get prepared for further development of the situation in the market.
The British HSBC for the second year in succession was recognized as the best bank of the 2005.
The list of best banks in CIS is as follows: Russia вЂ" Gasprom, Armenia вЂ" Konversbank, Belorus вЂ" Priorbank, Georgia вЂ" TBC, Kazakhstan вЂ" TuranAlem, Kyrgystan вЂ" Demir Kyrgyz International Bank, Moldova вЂ" Moldincombank, Turkmenistan вЂ" Turkmenvnesheconombank, Uzbekistan вЂ" Asaka-bank, Ukraine вЂ" Ukreximbank.