BAKU, Azerbaijan, Nov. 4
By Eldar Janashvili - Trend:
Following the end of 3Q2019, Azerbaijan's Kapital Bank has ranked first among other banks of Azerbaijan by the value of bank's expenditures, Trend reports with reference to the bank's financial report.
Value of the Kapital Bank's expenditures amounted to 263.7 million manats ($155.1 million).
International Bank of Azerbaijan ranked second with total value of expenditures amounting 184.8 million manats ($108.7 million).
The third place accounted for PASHA Bank with value of expenditures amounting to 107.04 million manats ($62.9 million).
Total value of expenditures of these three banks equals 555.6 million manats ($326.8 million) or 42.7 percent of the total value of expenditures of Azerbaijani banks.
Top 15 Azerbaijani banks in terms of expenditures value from January through September:
|
Banks |
Total expenditures value | |
|
1 |
Kapital Bank |
263,745.00 |
|
2 |
International Bank |
184,860.50 |
|
3 |
Pasha Bank |
107,048.00 |
|
4 |
AccessBank |
81,718.00 |
|
5 |
Bank of Baku |
73,287.86 |
|
6 |
Bank Respublika |
59,745.00 |
|
7 |
Xalq Bank |
51,476.16 |
|
8 |
Mugan Bank |
40,300.25 |
|
9 |
AGBank |
39,890.14 |
|
10 |
Nikoil Bank |
35,770.89 |
|
11 |
Expressbank |
35,196.00 |
|
12 |
AtaBank |
33,309.93 |
|
13 |
SilkWay Bank |
32,934.00 |
|
14 |
UniBank |
32,673.00 |
|
15 |
Rabita Bank |
27,639.53 |
Total value of expenditures of these 15 banks amounted to 1.1 billion manats ($647 million). Average value of expenditures equaled 73.3 million manats ($43.1 million).
($1 = 1.7 manat on Nov. 4)