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

Finance Materials 15 August 2022 14:30 (UTC +04:00)
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 non-interest income, Trend reports.

According to bank's financial report, volume of non-interest income amounted to 189 million manat ($111 million) for reporting period.

The second position in ranking was occupied by International Bank of Azerbaijan Republic (IBAR) with volume of non-interest income of 81.6 million manat ($48 million).

In third place is Pasha Bank with volume of non-interest income of 78 million manat ($45 million).

The total volume of non-interest income of first three banks is 348.7 million manat ($205 million) or 67.79 percent of total income of all Azerbaijani banks (514.3 million manat - $302.5 million).

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

Name of the bank

Value of the non-interest income

1

Kapital Bank

189 million manat ($111 million)

2

International Bank of Azerbaijan

81.6 million manat ($48 million)

3

Pasha Bank

78 million manat ($45.4 million)

4

Uni Bank

24.2 million manat ($14.2 million)

5

Rabita Bank

22.3 million manat ($13.1 million)

6

Bank Respublika

17.4 million manat ($10.2 million)

7

Xalq Bank

9.5 million manat ($5.5 million)

8

Azer–Turk Bank

8.9 million manat ($5.2 million)

9

Expressbank

8.9 million manat ($5.1 million)

10

Yapi Kredi Bank

8.3 million manat ($4.8 million)

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