BAKU, Azerbaijan, October 17. Kapital Bank took the first place among Azerbaijani banks in terms of revenue for the third quarter of 2023, Trend reports.
According to the bank's financial report, the bank's revenue for the reporting period amounted to 843.5 million manat ($496.2 million).
The International Bank of Azerbaijan took the second position in the ranking with a total revenue of 740.1 million manat ($435.4 million).
PASHA Bank is in third place with a total revenue of 489.8 million manat ($288.1 million), UniBank is in fourth place with 232.7 million manat ($136.9 million), and Bank Respublika ranks fifth with 166.3 million manat ($97.8 million).
Ranking of Azerbaijani banks by revenue for the third quarter of 2023:
|
Banks |
Total revenue |
|
|
1 |
Kapital Bank |
843.5 million manat ($496.2 million) |
|
2 |
International Bank of Azerbaijan |
740.1 million manat ($435.4 million) |
|
3 |
PASHA Bank |
489.8 million manat ($288.1 million) |
|
4 |
UniBank |
232.7 million manat ($136.9 million) |
|
5 |
Bank Respublika |
166.3 million manat ($97.8 million) |
|
6 |
AccessBank |
155.4 million manat ($91.4 million) |
|
7 |
Xalq Bank |
136.8 million manat ($80.5 million) |
|
8 |
Bank of Baku |
103.7 million manat ($61 million) |
|
9 |
Rabita Bank |
100.6 million manat ($59.2 million) |
|
10 |
Yelo Bank |
88.1 million manat ($51.8 million) |
|
11 |
Azer–Turk Bank |
67.7 million manat ($39.8 million) |
|
12 |
Turan Bank |
67.6 million manat ($39.7 million) |
|
13 |
Expressbank |
56.2 million manat ($33.1 million) |
|
14 |
Mugan Bank |
52.5 million manat ($30.9 million) |
|
15 |
YapikrediBank |
43.6 million manat ($25.6 million) |
|
16 |
ZiraatBank |
42.2 million manat ($24.8 million) |
|
17 |
Premium Bank |
37.7 million manat ($22.2 million) |
|
18 |
AzersenayeBank |
32.8 million manat ($19.3 million) |
|
19 |
BTB Bank |
25.9 million manat ($15.2 million) |
|
20 |
VTB Bank |
25.6 million manat ($15.1 million) |
|
21 |
Nakhichivan Bank |
21.7 million manat ($12.8 million) |
|
22 |
AFB Bank |
21.3 million manat ($12.5 million) |
|
23 |
Avrasiya Bank |
14.3 million manat ($8.4 million) |
|
24 |
Bank Melli Iran |
2.2 million manat ($1.3 million) |