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TOP-10 Azerbaijani banks in terms of interest income for 2Q2022 unveiled

Finance Materials 15 August 2022 11:36 (UTC +04:00)
TOP-10 Azerbaijani banks in terms of interest income for 2Q2022 unveiled
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 15. According to the results of 2Q2022, Kapital Bank took the first place among Azerbaijani banks in terms of interest income, Trend reports.

According to bank's financial report, Kapital Bank's interest income amounted to 291.3 million manat ($171.3 million) for reporting period.

It is followed by International Bank of Azerbaijan Republic (ABB) with interest income of 253.8 million manat ($149.2 million).

Pasha Bank takes up the third position with interest income in the value of 145.8 million manat ($85.7 million).

The total volume of interest income of three leading banks is 690.9 million manat ($406.4 million) or 54.93 percent of total income of all Azerbaijani banks (1.2 billion manat - $740 billion)

TOP-10 banks in Azerbaijan by volume of interest income for 2Q2022:

Name of the bank

The value of interest income

1

Kapital Bank

291.3 million manat ($171.3 million)

2

International Bank of Azerbaijan

253.8 million manat ($149.2 million)

3

Pasha Bank

145.8 million manat ($85.7 million)

4

UniBank

75.4 million manat ($44.3 million)

5

AccessBank

64 million manat ($37.6 million)

6

Bank Respublika

62.4 million manat ($36.7 million)

7

Xalq Bank

51 million manat ($30 million)

8

Bank of Baku

45 million manat ($26.4 million)

9

Yelo Bank

39.5 million manat ($23.2 million)

10

Rabita Bank

31.5 million manat ($18.5 million)

The total volume of interest income of the ten leading banks amounted to 1.06 billion manat ($623 billion). манатов.

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