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TOP-20 Azerbaijani banks in terms of interest income

Finance Materials 12 August 2019 11:03 (UTC +04:00)

Baku, Azerbaijan, Aug. 12

By Eldar Janashvili – Trend:

The International Bank of Azerbaijan ranked first among the banks in terms of interest income in Azerbaijan in January-June 2019.

According to the bank’s financial report, the interest income reached 171.43 million manats.

Kapital Bank ranked second in the ranking with the total interest income of 157.93 million manats. UniBank ranked third with the interest income of 82.88 million manats.

TOP-20 Azerbaijani banks in terms of interest income in January-June 2019:

Name of the bank

Interest income (mln AZN)

International bank

171.43

Kapital Bank

157.93

UniBank

82.88

PASHA Bank

81.51

Bank of Baku

42.06

Xalq Bank

38.31

Nikoil Bank

24.04

Access Bank

21.8

Bank Respublika

17.68

Bank Avrasya

14.48

Expressbank

13.78

Rabitabank

13.05

AFB Bank

8.52

ASB

6.12

TuranBank

5.57

AtaBank

5.15

Bank VTB

4.86

Ziraat Bank

4.68

Bank VTB Azerbaijan

1.53

Gunaybank

0.85

Total

716.23

The total interest income of 20 banks reached 716.23 million manats.

Four Azerbaijani banks have the interest profit of more than 80 million manats, while the total amount of their interest income exceeds the total amount of interest profit of the remaining 16 banks by more than twofold.

(1 USD = 1.7 AZN on Aug. 12)

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Follow the author on Twitter: @eldarjanashvili

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