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Azerbaijan reveals TOP-10 banks in terms of total capital for 3Q2021

Finance Materials 30 October 2021 10:25 (UTC +04:00)

BAKU, Azerbaijan, Oct.30

By Leman Zeynalova – Trend:

Azerbaijan’s International Bank took first place in terms of total capital in the country in 3Q2021, Trend reports.

According to the bank's financial report, the total capital for the reporting period amounted to 1.296 billion manats ($762.6 million).

The second position in the ranking was taken by Kapital Bank with a total volume of total capital in the amount of 638.479 million manats ($375.7 million).

Pasha Bank ranked third with total capital of 541.214 million manats ($318.4 million).

The total capital of the first three banks amounted to 2.476 billion manats ($1.4 billion), which is 52.1 percent of the total aggregate capital of all banks in Azerbaijan (4.750 billion manats / $2.8 billion).

TOP-10 banks of Azerbaijan in terms of total capital for 3Q2021 (thousand manats):

Banks

Total capital

International Bank

1,296,511.21

Kapital Bank

638,479.00

Pasha Bank

541,214.00

Xalq Bank

438,472.26

Premium Bank

179,972.00

Expressbank

126,206.10

Bank Respublika

104,715.50

Azersenaye Bank

103,867.07

Bank of Baku

102,774.96

Rabita Bank

102,099.13

The total amount of the aggregate capital of the top ten banks amounted to 3.634 billion manats ($2.1 billion). The average total capital of the first ten banks amounted to 363.4 million manats ($213.8 million).

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