BAKU, Azerbaijan, Oct.29
By Leman Zeynalova - Trend:
The International Bank of Azerbaijan (IBA) ranked the first among Azerbaijani banks, in terms of deposit portfolio, in the third quarter of 2021, Trend reports referring to the financial report of the bank.
The deposit portfolio of the IBA amounted to 6.75 billion manat ($3.97 billion).
Pasha Bank ranked the second with the deposit portfolio of 4.52 billion manat ($2.66 billion).
Kapital Bank ranked the third with the deposit portfolio of 2.47 billion manat ($1.45 billion).
The total deposit portfolio of the first three banks in the ranking reached 13.75 billion manat ($8.09 billion), which is 63.56 percent of the total deposit portfolio of all banks in Azerbaijan (21.63 billion manat or $12.72 billion).
TOP-10 banks in Azerbaijan by volume of deposit portfolio in the third quarter of 2021:
|
Banks |
Deposit portfolio |
|
|
1 |
International Bank of Azerbaijan |
6.75 billion manat ($3.97 billion) |
|
2 |
Pasha Bank |
4.52 billion manat ($2.66 billion) |
|
3 |
Kapital Bank |
2.47 billion manat ($1.45 billion) |
|
4 |
Xalq Bank |
1.4 billion manat ($820 million) |
|
5 |
Bank Respublika |
794.2 million manat ($467.1 million) |
|
6 |
AccessBank |
678.6 million manat ($399.1 million) |
|
7 |
UniBank |
656.4 million manat ($386.1 million) |
|
8 |
Rabita Bank |
621.9 million manat ($365.8 million) |
|
9 |
AzersenayeBank |
592.1 million manat ($348.2 million) |
|
10 |
Premium Bank |
428.5 million manat ($252.06 million) |
The total deposit portfolio of the 10 leading banks in Azerbaijan amounted to 18.95 billion manat ($11.15 billion). The average deposit portfolio of the first 10 banks equaled 1.89 billion manat ($1.11 billion).
(1 USD = 1.7 AZN on Oct.29)
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