BAKU, Azerbaijan, May 18
By Eldar Janashvili – Trend:
As of the first quarter of 2020, the International Bank of Azerbaijan ranked first in terms of the volume of total assets in Azerbaijan, Trend reports.
In accordance with the bank’s quarterly balance sheet, the volume of total assets reached 8.9 billion manat ($5.2 billion) while the volume of total liabilities - 7.5 billion manat ($4.4 billion).
PASHA Bank with a total volume of total assets worth 4.8 billion manat ($2.8 billion) and liabilities - 4.3 billion manat ($2.5 billion) ranked second in the ranking.
Kapital Bank ranks third with total assets and liabilities worth 4.1 billion manat ($2.4 billion and 3.9 billion manat ($2.3 billion) respectively.
In general, the assets of the Azerbaijani first five banks exceed one billion manat ($588.2 million), the total volume of these banks exceeds 21 billion manat ($12.3 billion), covering more than 70 percent of all assets.
The liabilities of the Azerbaijani first five banks also exceed one billion manat ($588.2 million), the total volume of these banks reaches 19 billion manat ($11.2 billion), covering about 71.6 percent of all assets.
The full ranking of Azerbaijani banks in terms of total assets and liabilities for the first quarter of 2020 is as follows:
|
Banks |
Volume of total assets (in manat) |
Volume of total liabilities (in manat) |
Ratio between liabilities and assets (%) |
|
International Bank |
8.9 billion manat ($5.2 billion) |
7.5 billion manat ($4.4 billion) |
84.2 |
|
Pasha Bank |
4.7 billion manat ($2.8 billion) |
4.3 billion manat ($2.5 billion) |
90.1 |
|
Kapital Bank |
4.4 billion manat ($2.6 billion) |
3.9 billion manat ($2.3 billion) |
88.7 |
|
Xalq Bank |
2.3 billion manat ($1.3 billion) |
1.9 billion manat ($1.1 billion) |
81.5 |
|
Bank Respublika |
1.3 billion manat ($764.7 million) |
1.3 billion manat ($764.7 million) |
94 |
|
AzersenayeBank |
907.3 million manat ($533.7 million) |
806.3 million manat ($474.3 million) |
88.9 |
|
Access Bank |
895.3 million manat ($526.6 million) |
798.6 million manat ($469.8 million) |
89.2 |
|
UniBank |
755.9 million manat ($444.6 million) |
659.8 million manat ($388.1 million) |
87.3 |
|
Rabita Bank |
709.1 million manat ($417.1 million) |
612.05 million manat ($360.02 million) |
86.3 |
|
Premium Bank |
640.06 million manat ($376.5 million) |
505.3 million manat ($297.2 million) |
78.9 |
|
Mugan Bank |
605.7 million manat ($356.3 million) |
519.5 million manat ($305.6 million) |
85.8 |
|
AFB Bank |
574.7 million manat ($338.05 million) |
494.2 million manat ($290.7 million) |
86 |
|
Turan Bank |
514 million manat ($302 million) |
438.6 million manat ($258 million) |
85.3 |
|
Yelo Bank |
471.5 million manat ($277.3 million) |
410.4 million manat ($241.4 million) |
87 |
|
Bank of Baku |
426.3 million manat ($250.8 million) |
359.9 million manat ($211.7 million) |
84.4 |
|
YapikrediBank |
365.8 million manat ($215.2 million) |
285.4 million manat ($167.9 million) |
78 |
|
BTB Bank |
364.3 million manat ($214.2 million) |
299.4 million manat ($176.1 million) |
82.2 |
|
Expressbank |
351.3 million manat ($206.6 million) |
230.7 million manat ($135.7 million) |
65.7 |
|
Azer–Turk Bank |
338.2 million manat ($198.9 million) |
282.2 million manat ($166 million) |
83.4 |
|
ZiraatBank |
249.4 million manat ($146.7 million) |
176.8 million manat ($104 million) |
70.9 |
|
Gunay Bank |
236.2 million manat ($138.9 million) |
170.7 million manat ($100.4 million) |
72.2 |
|
Nakhichivan Bank |
228.1 million manat ($134.2 million) |
142.07 million manat ($83.6 million) |
62.3 |
|
VTB Bank |
164.9 million manat ($97 million) |
103.6 million manat ($60.9 million) |
62.8 |
|
Avrasiya Bank |
162.04 million manat ($95.3 million) |
92.1 million manat ($54.2 million) |
56.8 |
|
Bank Melli Iran |
97.5 million manat ($57.3 million) |
60.7 million manat ($35.7 million) |
62.2 |
|
Pakistan Bank |
12.9 million manat ($7.6 million) |
3.3 million manat ($1.9 million) |
25.9 |
|
Total |
30.7 billion manat ($18.05 billion) |
26.2 billion manat ($15.4 billion) |
85.4 |
The volume of total assets of Azerbaijani banks totaled 30.7 billion manat ($18.05 billion) while total liabilities - 26.2 billion manat ($15.4 billion).