BAKU, Azerbaijan, April 25. In the first quarter of 2024, the International Bank of Azerbaijan had the highest deposit portfolio among Azerbaijani banks, Trend reports.
According to the bank's financial report, this amounted to 9.49
billion manat ($5.58 billion).
PASHA Bank ranked second with a deposit portfolio of 6.9 billion
manat ($4 billion).
The top five banks were Kapital Bank, with a deposit portfolio of
6.6 billion manat ($3.88 billion), Xalq Bank, with 2.2 billion
manat ($1.29 billion), and Bank Respublika, with 1.4 billion manat
($820,000 million).
The total deposit portfolio of the first three banks amounted to 23 billion manat ($13.5 billion), or 73.81 percent of the total aggregate deposit portfolio of 10 banks in Azerbaijan (31.3 billion manat or $18.4 billion), or 66.42 percent of the aggregate deposit portfolio of all banks in Azerbaijan (34.8 billion manat or $20.4 billion).
Ranking of Azerbaijani banks by total liabilities:
|
Banks |
Deposit portfolio |
|
|
1 |
International Bank of Azerbaijan |
9.49 billion manat ($5.58 billion) |
|
2 |
PASHA Bank |
6.9 billion manat ($4 billion) |
|
3 |
Kapital Bank |
6.6 billion manat ($3.88 billion) |
|
4 |
Xalq Bank |
2.2 billion manat ($1.29 billion |
|
5 |
Bank Respublika |
1.4 billion manat ($820 million) |
|
6 |
UniBank |
1 billion manat ($590 million) |
|
7 |
AccessBank |
965.38 million manat ($567.8 million) |
|
8 |
Azer–Turk Bank |
912 million manat ($536 million) |
|
9 |
Yelo Bank |
837 million manat ($492 million) |
|
10 |
Rabita Bank |
679.4 million manat ($399.6 million) |
|
11 |
Bank of Baku |
569.5 million manat ($335 million) |
|
12 |
ZiraatBank |
495 million manat ($291 million) |
|
13 |
Turan Bank |
461.9 million manat ($271.7 million) |
|
14 |
AzersenayeBank |
448.8 million manat ($264 million) |
|
15 |
Premium Bank |
415 million manat ($244 million) |
|
16 |
YapikrediBank |
390.4 million manat ($229.6 million) |
|
17 |
Expressbank |
209.4 million manat ($123 million) |
|
18 |
BTB Bank |
149.67 million manat ($88 million) |
|
19 |
AFB Bank |
130.4 million manat ($76.7 million) |
|
20 |
VTB Bank |
79.28 million manat ($46.6 million) |
|
21 |
Avrasiya Bank |
50.3 million manat ($29.59 million) |
|
22 |
Nakhchivan Bank |
48.38 million manat ($28.46 million) |
|
23 |
Bank Melli Iran |
35.6 million manat ($20.9 million) |