BAKU, Azerbaijan, August 15. Azerbaijan’s Kapital Bank took first place among local banks in terms of volume of non-interest expenses for the second quarter of 2022, Trend reports.
According to Kapital Bank’s financial statement, volume of its non-interest expenses amounted to 215.9 million manat ($127 million) in the reporting period.
The second position was taken by the International Bank of Azerbaijan with volume of non-interest expenses in the amount of 124.83 million manat ($73.43 million).
Pasha Bank with 103.6 million manat ($60.9 million) took the third position.
The total volume of non-interest expenses of first three banks amounted to 444.4 million manat ($261.4 million).
TOP-10 Azerbaijani banks by volume of non-interest expenses for 2Q2022:
|
Banks |
Non-interest expenses |
|
|
1 |
Kapital Bank |
215.9 million manat ($127 million) |
|
2 |
International Bank of Azerbaijan |
124.83 million manat ($73.43 million) |
|
3 |
Pasha Bank |
103.6 million manat ($60.9 million) |
|
4 |
UniBank |
64.2 million manat ($37.7 million) |
|
5 |
Bank Respublika |
41.7 million manat ($24.5 million) |
|
6 |
AccessBank |
34.84 million manat ($20.49 million) |
|
7 |
Rabita Bank |
34.76 million manat ($20.45 million) |
|
8 |
Xalq Bank |
28.9 million manat ($17 million) |
|
9 |
Yelo Bank |
28.3 million manat ($16.6 million) |
|
10 |
Bank of Baku |
25.1 million manat ($14.7 million) |