BAKU, Azerbaijan, August 2. According to the results of the second quarter of 2023, the International Bank of Azerbaijan (ABB) took first place in terms of the total liabilities in Azerbaijan, Trend reports.
According to the bank's financial report, the volume of ABB's total liabilities in the reporting period amounted to 9.9 billion manat ($5.8 billion).
PASHA Bank took the second spot in the ranking with a total liability of 7.6 billion manat ($4.5 billion).
Kapital Bank is in third place with 7.1 billion manat ($4.2 billion) of total liabilities.
Ranking of Azerbaijani banks in terms of total liabilities:
|
Banks |
Total liabilities |
|
|
1 |
International Bank of Azerbaijan |
9.9 billion manat ($5.8 billion) |
|
2 |
PASHA Bank |
7.6 billion manat ($4.5 billion) |
|
3 |
Kapital Bank |
7.1 billion manat ($4.2 billion) |
|
4 |
Xalq Bank |
2.4 billion manat ($1.4 billion) |
|
5 |
Bank Respublika |
1.6 billion manat ($941.2 million) |
|
6 |
UniBank |
1.4 billion manat ($823.5 million) |
|
7 |
AccessBank |
1.2 billion manat ($705.9 million) |
|
8 |
Rabita Bank |
912.5 million manat ($536.8 million) |
|
9 |
Turan Bank |
855 million manat ($502.9 million) |
|
10 |
Azer–Turk Bank |
772.6 million manat ($454.5 million) |
|
11 |
Yelo Bank |
760.9 million manat ($447.6 million) |
|
12 |
Bank of Baku |
664 million manat ($390.6 million) |
|
13 |
AzersenayeBank |
595.8 million manat ($350.5 million) |
|
14 |
Mugan Bank |
576 million manat ($338.8 million) |
|
15 |
ZiraatBank |
559.2 million manat ($328.9 million) |
|
16 |
Premium Bank |
557.5 million manat (327.9 million) |
|
17 |
Expressbank |
365.8 million manat ($215.2 million) |
|
18 |
YapikrediBank |
341.3 million manat ($200,8 million) |
|
19 |
BTB Bank |
330.9 million manat ($194.6 million) |
|
20 |
AFB Bank |
217 million manat ($127.6 million) |
|
21 |
Nakhichivan Bank |
188.5 million manat ($110.9 million) |
|
22 |
VTB Bank |
148.1 million manat ($87.1 million) |
|
23 |
Avrasiya Bank |
130.2 million manat ($76.6 million) |
|
24 |
Bank Melli Iran |
37.7 million manat ($22.2 million) |
According to the Central Bank of Azerbaijan, the net profit of the banking sector as of June 30, 2023, increased by 41 percent to 563.3 million manat ($331.4 million).
The total assets of the banks amounted to over 45.2 billion manat ($26.6) in Azerbaijan on July 1, 2023.