BAKU, Azerbaijan, April 24. Following the results of the first quarter of 2024, the International Bank of Azerbaijan (ABB) took the first spot by volume of total assets among Azerbaijan's banks, Trend reports.
According to the bank's financial report, total assets totaled
13.189 billion manat for the reporting period.
Kapital Bank ranked second in the survey, with total assets of
8.766 billion manat.
PASHA Bank is third with total assets of 8.747 billion manat,
followed by Xalq Bank in fourth with 3.037 billion manat and Bank
Respublika in fifth with 2.1 billion manat.
The leading three banks' total assets totaled 30.703 billion manat,
accounting for 72.29 percent of the total aggregate assets of 10
banks in Azerbaijan (42.473 billion manat) and 62.78 percent of the
total aggregate assets of all banks in Azerbaijan.
Ranking of banks in Azerbaijan by total assets:
|
Banks |
Assets, manat |
|
|
1 |
International Bank |
13.19 billion ($7.76 billion) |
|
2 |
Kapital Bank |
8.76 billion ($5.15 billion) |
|
3 |
Pasha Bank |
8.74 billion ($5.14 billion) |
|
4 |
Xalq Bank |
3.03 billion ($1.78 billion) |
|
5 |
Bank Respublika |
2.1 billion ($1.2 billion) |
|
6 |
UniBank |
1.588 billion ($934.1 million) |
|
7 |
Azer–Turk Bank |
1.458 billion ($857.64 million) |
|
8 |
Access Bank |
1.374 billion ($808.23 million) |
|
9 |
Yelo Bank |
1.13 billion ($664.7 million) |
|
10 |
Rabita Bank |
1.08 billion ($635.3 million) |
|
11 |
Bank of Baku |
922.55 million ($542.7 million) |
|
12 |
Turan Bank |
883.68 million ($519.8 million) |
|
13 |
ZiraatBank |
742.9 million ($437.01 million) |
|
14 |
AzersenayeBank |
739.03 million ($434.7 million) |
|
15 |
Premium Bank |
675.4 million ($397.3 million) |
|
16 |
YapikrediBank |
544.3 million ($320.2 million) |
|
17 |
Expressbank |
531.8 million ($312.8 million) |
|
18 |
BTB Bank |
368.9 million ($217.03 million) |
|
19 |
AFB Bank |
290.68 million ($171 million) |
|
20 |
VTB Bank |
243.4 million ($143.17 million) |
|
21 |
Nakhichivan Bank |
194.58 million ($114.46 million) |
|
22 |
Avrasiya Bank |
183.96 million ($108.2 million) |
|
23 |
Bank Melli Iran |
114.83 million ($67.54 million) |