BAKU, Azerbaijan, Nov. 4
By Eldar Janashvili - Trend:
From January through September 2019, Azerbaijan’s International Bank ranked first among other banks in terms of income in the country, Trend reports referring to the financial reports of the banks.
The bank’s income amounted to 434.5 million manat (254.4 million).
Kapital Bank took the second position in the ranking with a total income of 407.2 million manat ($238.5 million).
PASHA Bank ranked third with income of 198.1 million manat ($116.1 million).
The total income of these three banks is 1 billion manat ($586.1 million), or 53.3 percent of the total income of all banks in Azerbaijan.
Top 15 Azerbaijani banks in terms of income from January through September 2019:
|
Banks |
Total income |
|
|
1 |
Azerbaijan’s International Bank |
434.5 million |
|
2 |
Kapital Bank |
407.2 million |
|
3 |
Pasha Bank |
198.1 million |
|
4 |
Xalq Bank |
96.4 million |
|
5 |
AccessBank |
95.9 million |
|
6 |
Bank Respublika |
87 million |
|
7 |
UniBank |
76.2 million |
|
8 |
Nikoil Bank |
48 million |
|
9 |
Mugan Bank |
43.2 million |
|
10 |
Expressbank |
39 million |
|
11 |
Rabita Bank |
38.1 million |
|
12 |
Bank of Baku |
38 million |
|
13 |
YapikrediBank |
35.7 million |
|
14 |
AGBank |
33.6 million |
|
15 |
SilkWay Bank |
29.8 million |
The total income of 15 leading banks amounted to 1.7 billion manat ($997.3 million).
($1= 1.7 manat on Nov. 4)