BAKU, Azerbaijan, Oct. 27
By Leman Zeynalova - Trend:
Kapital Bank took the first place in terms of income in Azerbaijan for 3Q2021, Trend reports on October 27.
According to the financial report of the bank, the volume of income of Kapital Bank for the reporting period amounted to 559.199 million manats ($329 million).
The second position in the ranking was taken by the International Bank of Azerbaijan with total income of 452.851 million manats ($266.5 million).
Pasha Bank ranks third with revenues in the amount of 285.679 million manats ($168 million).
The total income of the first three banks in 3Q2021 amounted to 1.3 billion manats ($765 million), which is 60.2 percent of the total income of all banks in Azerbaijan (2.16 billion manats / $1.3 billion).
Azerbaijan’s TOP-10 banks in terms of income for 3Q2021 (1,000 manats):
|
Banks |
Total income |
|
Kapital Bank |
559,199.00 |
|
International Bank |
452,851.70 |
|
Pasha Bank |
285,679.00 |
|
UniBank |
115,980.23 |
|
AccessBank |
80,177.00 |
|
Bank Respublika |
79,211.29 |
|
Xalq Bank |
78,553.82 |
|
Rabita Bank |
60,368.00 |
|
Bank of Baku |
55,621.37 |
|
Yelo Bank |
48,810.41 |
The total income of the top ten banks amounted to 1.8 billion manats ($1 billion). The average income of the first ten banks amounted to nearly 180 million manats ($106 million).
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