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TOP-10 Azerbaijani banks in authorized capital volume terms for 2Q2022

Finance Materials 11 August 2022 16:18 (UTC +04:00)
TOP-10 Azerbaijani banks in authorized capital volume terms for 2Q2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 11. Azerbaijan’s Yelo Bank took the first place in the ranking of local banks in terms of authorized capital volume for the second quarter of 2022, Trend reports.

According to Yelo Bank’s financial report, its authorized capital volume for the reporting period amounted to 378 million manat ($222.3 million).

Xalq Bank ranked second with total authorized capital volume of 364.7 million manat ($214.5 million).

Pasha Bank ranked third with authorized capital volume in the amount of 354.5 million manat ($208.5 million).

The total authorized capital volume of the first three banks in 2Q2022 amounted to 1.097 billion manat ($645 million), which is 31.53 percent of the total authorized capital volume of all banks in Azerbaijan (3.4 billion manat or $2 billion).

Azerbaijan’s TOP-10 banks in terms of authorized capital volume for 2Q2022:

Banks

Deposit portfolio

Yelo Bank

378 million manat ($222.3 million)

Xalq Bank

364.7 million manat ($214.5 million)

Pasha Bank

354.5 million manat ($208.5 million)

VTB Bank

315.8 million manat ($185.7 million)

AccessBank

258.7 million manat ($152.1 million)

Kapital Bank

245.8 million manat ($144.6 million)

Premium Bank

154.6 million manat ($90.9 million)

UniBank

130.6 million manat ($76.8 million)

Expressbank

112.5 million manat ($66.1 million)

Mugan Bank

107.5 million manat ($63.2 million)

The total authorized capital volume of the top ten banks amounted to 2.4 billion manat ($1.43 billion).

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