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) |