BAKU, Azerbaijan, Nov. 1
By Leman Zeynalova - Trend:
The International Bank of Azerbaijan (IBA) ranked the first among Azerbaijani banks, in terms of loan portfolio, in the third quarter of 2021, Trend reports.
The loan portfolio of the IBA amounted to 2.77 billion manat ($1.63 billion).
Kapital Bank ranked the second with the loan portfolio of 2.47 billion manat ($1.4 billion).
Pasha Bank ranked the third with the loan portfolio of 2.3 billion manat ($1.3 billion).
The total loan portfolio of the first three banks in the ranking reached 7.58 billion manat ($4.46 billion), which is 48.8 percent of the total loan portfolio of all banks in Azerbaijan (15.53 billion manat or $9.14 billion).
TOP-10 banks in Azerbaijan by volume of loan portfolio in the third quarter of 2021:
|
Banks |
Loan portfolio |
|
International Bank of Azerbaijan |
2.77 billion manat ($1.63 billion) |
|
Kapital Bank |
2.47 billion manat ($1.4 billion) |
|
Pasha Bank |
2.3 billion manat ($1.3 billion) |
|
Xalq Bank |
1.4 billion manat ($820 million) |
|
UniBank |
727 million manat ($427.6 million) |
|
Bank Respublika |
624.5 million manat ($367.3 million) |
|
AccessBank |
572.1 million manat ($336.5 million) |
|
Premium Bank |
509.19 million manat ($299.52 million) |
|
Rabita Bank |
456.6 million manat ($268.6 million) |
|
Bank of Baku |
409.5 million manat ($240.8 million) |
(1 USD = 1.7 AZN on Nov. 1)
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