BAKU, Azerbaijan, November 9. Azerbaijan’s Kapital Bank took first place among local banks in terms of incomes for the third quarter of 2022, Trend reports on November 9.
According to the bank’s financial report, its incomes for the reporting period amounted to 723.8 million manat ($425.7 million).
The second position was taken by the International Bank of Azerbaijan with a total income of 535.9 million manat ($315.2 million).
Pasha Bank ranked third with incomes in the amount of 367.8 million manat ($216.3 million).
The total income of the top three banks in the third quarter of this year amounted to 1.6 billion manat ($940 million), which is 58.22 percent of the total income of all banks in Azerbaijan (2.8 billion manat or $1.6 billion).
Azerbaijan’s TOP-10 banks in terms of incomes for 3Q2022:
|
Banks |
Total income |
|
Kapital Bank |
723.8 million manat ($425.7 million) |
|
International Bank of Azerbaijan |
535.9 million manat ($315.2 million) |
|
Pasha Bank |
367.8 million manat ($216.3 million) |
|
UniBank |
162.8 million manat ($95.7 million) |
|
Bank Respublika |
126.69 million manat ($74.52 million) |
|
AccessBank |
108.8 million manat ($64 million) |
|
Xalq Bank |
95.4 million manat ($56 million) |
|
Rabita Bank |
84.1 million manat ($49.4 million) |
|
Bank of Baku |
80 million manat ($47 million) |
|
Yelo Bank |
70.1 million manat ($41.2 million) |
The total income of the top ten banks amounted to 2.36 billion manat ($1.4 billion).