BAKU, Azerbaijan, Feb. 1
By Nazrin Israfilova - Trend:
Some 23 out of 26 banks in Azerbaijan completed last year with a net profit and three banks with a net loss, Trend reports via the statistics of the country’s Central Bank (CBA).
According to the statistics, the domestic banking sector ended 2021 with a net profit of 609 million manat ($358.2 million), which is 41.2 million manat ($24.2 million), or 7.2 percent more compared to 2020 (567.8 million manat or $334 million).
|
Name of banks |
Net income |
Net loss |
|
ABB Bank |
208.7 million manat ($122.7 million) |
|
|
Kapital Bank |
179.9 million manat ($105.8 million) |
|
|
Pasha Bank |
90.1 million manat ($53 million) |
|
|
Xalq Bank |
27.2 million manat ($16 million) |
|
|
Bank of Baku |
23.06 million manat ($13.56 million) |
|
|
Bank Respublika |
19.5 million manat ($11.4 million) |
|
|
Yelo Bank |
11.7 million manat ($6.8 million) |
|
|
AFB Bank |
9.3 million manat ($5.4 million) |
|
|
Express Bank |
7.7 million manat ($4.5 million) |
|
|
Ziraat Bank |
7.03 million manat ($4.14 million) |
|
|
Naxchivan Bank |
6.3 million manat ($3.7 million) |
|
|
Unibank |
4.6 million manat ($2.7 million) |
|
|
Bank VTB |
4.2 million manat ($2.4 million) |
|
|
Rabita Bank |
2.7 million manat ($1.6 million) |
|
|
ASB Bank |
2.2 million manat ($1.3 million) |
|
|
Premium Bank |
1.9 million manat ($1.1 million) |
|
|
Mugan Bank |
1.5 million manat ($880,000) |
|
|
Access Bank |
1.1 million manat ($650,000) |
|
|
Bank Avrasiya |
793,000 manat ($466,470) |
|
|
Turan Bank |
668,000 manat ($392,940) |
|
|
Bank BTB |
546,000 manat ($321,180) |
|
|
Azer Turk Bank |
546,000 manat ($321,180) |
|
|
Gunay Bank |
410,000 manat ($241,180) |
|
|
Pakistan Milli Bank |
407,000 manat ($239,410) |
|
|
Yapı Kredi Bank |
931,000 manat ($547,650) |
|
|
Bank Melli Iran |
1.9 million manat ($1.1 million) |
(1 USD = 1.7 AZN on Feb. 1)