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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