BAKU, Azerbaijan, Feb. 1
By Nazrin Israfilova - Trend:
The International Bank of Azerbaijan (IBA) ranked the first among Azerbaijani banks, in terms of cash volume, in 2021, Trend reports.
According to the audited report of the IBA, its cash volume amounted to over 6.4 billion manat ($3.7 billion).
Kapital Bank ranked the second with the cash volume of 2.5 billion manat ($1.4 billion).
Rabita Bank ranked the third with the cash volume of 408.5 million manat ($204.3 million).
TOP-10 banks in Azerbaijan by volume of cash in 2021:
|
Banks |
Volume of cash |
|
International Bank of Azerbaijan |
6.4 billion manat ($3.7 billion) |
|
Kapital Bank |
2.5 billion manat ($1.4 billion) |
|
Rabita Bank |
408.5 million manat ($204.3 million) |
|
Bank Respublika |
296.4 million manat ($174.3 million) |
|
Premium Bank |
244.7 million manat ($143.9 million) |
|
Yapi Kredi Bank |
204.9 million manat ($120.5 million) |
|
Turan Bank |
165.6 million manat ($97.4 million) |
|
AccessBank |
139.2 million manat ($81.8 million) |
|
UniBank |
129 million manat ($75.8 million) |
|
Xalq Bank |
116.6 million manat ($68.6 million) |
|
Total |
10.62 billion manat ($6.25 billion) |
(1 USD = 1.7 AZN on Feb. 1)