BAKU, Azerbaijan, February 2. International Bank of Azerbaijan ranked first among Azerbaijani banks in terms of the loan portfolio in 2022, Trend reports.
According to the bank's financial report, its loan portfolio accounted for 3.5 billion manat ($2.06 billion).
Kapital Bank with its loan portfolio of 3.1 billion manat ($1.8 billion) took the second position in the ranking.
PASHA Bank ranked third with a loan portfolio worth 2.7 billion manat ($1.5 billion).
The total volume of the loan portfolio of the first three banks equaled 9.4 billion manat ($5.5 billion), or 60.23 percent of the overall loan portfolio of 10 Azerbaijani banks (15.6 billion manat or $9.1 billion), as well as 48.1 percent of the overall loan portfolio of all Azerbaijani banks (19.5 billion manat or $11.4 billion).
Ranking of Azerbaijani banks by loan portfolio:
|
Banks |
Loan portfolio |
|
|
1 |
International Bank of Azerbaijan |
3.5 billion manat ($2.06 billion) |
|
2 |
Kapital Bank |
3.1 billion manat ($1.8 billion) |
|
3 |
Pasha Bank |
2.7 billion manat ($1.5 billion) |
|
4 |
Xalq Bank |
1.74 billion manat ($1.02 billion) |
|
5 |
Bank Respublika |
962.5 million manat ($566.1 million) |
|
6 |
UniBank |
889.5 million manat ($523.2 million) |
|
7 |
AccessBank |
813.5 million manat ($478.5 million) |
|
8 |
Yelo Bank |
621.9 million manat ($365.8 million) |
|
9 |
Rabita Bank |
610.8 million manat ($359.2 million) |
|
10 |
Bank of Baku |
577.5 million manat ($339.7 million) |
|
11 |
Turan Bank |
548.4 million manat ($322.5 million) |
|
12 |
Mugan Bank |
453.7 million manat ($266.8 million) |
|
13 |
Premium Bank |
436.9 million manat ($257 million) |
|
14 |
Azer–Turk Bank Azerbaijan |
321.7 million manat ($189.2 million) |
|
15 |
ZiraatBank Azerbaijani |
317.5 million manat ($186.7 million) |
|
16 |
Expressbank |
297.08 million manat ($174.7 million) |
|
17 |
BTB Bank |
251.2 million manat ($147.7 million) |
|
18 |
Azerbaijan Industrial Bank |
241.5 million manat ($142.06 million) |
|
19 |
Yapi Kredi Bank Azerbaijan |
236.9 million manat ($139.3 million) |
|
20 |
Gunay Bank |
198.7 million manat ($116.8 million) |
|
21 |
Nakhichivan Bank |
173.6 million manat ($102.1 million) |
|
22 |
AFB Bank |
170.8 million manat ($100.4 million) |
|
23 |
VTB Bank |
159.7 million manat ($93.9 million) |
|
24 |
Avrasiya Bank |
125.3 million manat ($73.7 million) |
|
25 |
Bank Melli Iran |
9.4 million manat ($5.5 million) |