BAKU, Azerbaijan, October 18. According to the results of the third 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 amounted to 9.7 billion manat ($5.7 billion) in the reporting period.
Kapital Bank took the second spot in the ranking with a total liability of 7.6 billion manat ($4.5 billion).
PASHA Bank is in third place with 7.4 billion manat ($4.3 billion) of total liabilities. XalqBank is in fourth place with 2.4 billion manat ($1.4 billion); the fifth place is taken by Bank Respublika with 1.7 billion manat ($999.9 million).
The total volume of liabilities of the first three banks amounts to 24.7 billion manat ($14.5 billion), or 72.64 percent of the total volume of aggregate liabilities of 10 banks in Azerbaijan (34.1 billion manat or $20 billion), or 62.7 percent of the total volume of all banks in Azerbaijan (39.5 billion manat or $23.2 billion).
Ranking of Azerbaijani banks in terms of total liabilities:
|
Banks |
Total liabilities |
|
|
1 |
International Bank of Azerbaijan |
9.7 billion manat ($5.7 billion) |
|
2 |
Kapital Bank |
7.6 billion manat ($4.5 billion) |
|
3 |
PASHA Bank |
7.4 billion manat ($4.3 billion) |
|
4 |
Xalq Bank |
2.4 billion manat ($1.4 billion) |
|
5 |
Bank Respublika |
1.7 billion manat ($999.9 million) |
|
6 |
UniBank |
1.3 billion manat ($764.7 million) |
|
7 |
AccessBank |
1.2 billion manat ($705.8 million) |
|
8 |
Rabita Bank |
884.2 million manat ($520.1 million) |
|
9 |
Yelo Bank |
820.6 million manat ($482.7 million) |
|
10 |
Azer–Turk Bank |
782.5 million manat ($460.2 million) |
|
11 |
Turan Bank |
755.4 million manat ($444.3 million) |
|
12 |
Bank of Baku |
678.7 million manat ($399.2 million) |
|
13 |
ZiraatBank |
596.9 million manat ($351.1 million) |
|
14 |
AzersenayeBank |
594.2 million manat ($349.5 million) |
|
15 |
Mugan Bank |
500.8 million manat ($294.5 million) |
|
16 |
Premium Bank |
496.7 million manat (292.1 million) |
|
17 |
Expressbank |
371.1 million manat ($218.2 million) |
|
18 |
YapikrediBank |
365.6 million manat ($215 million) |
|
19 |
BTB Bank |
327.5 million manat ($192.6 million) |
|
20 |
AFB Bank |
225.9 million manat ($132.8 million) |
|
21 |
Nakhchivan Bank |
191.9 million manat ($112.8 million) |
|
22 |
VTB Bank |
142.2 million manat ($83.6 million) |
|
23 |
Avrasiya Bank |
124.4 million manat ($73.1 million) |
|
24 |
Bank Melli Iran |
39.5 million manat ($23.2 million) |