According to the results of 2023, the International Bank of Azerbaijan (IBA) took the first place among Azerbaijani banks in terms of total capital.
Publika.az reports that according to the financial report, the total capital of the bank during the reporting period was 1.675 billion manats.
Kapital Bank took the second place in the ranking with a total capital of 907.6 million manats.
Pasha Bank took third place with a total capital of 870.7 million manats, and Xalq Bank took fourth place with 498.1 million manats. The fifth place was taken by Bank Respublika with a total capital of 174.3 million manats.
The total capital of the first three banks is 3.454 billion manats, which is 70.91 percent of the total capital of the first 10 banks (4.87 billion manats) and 58.25 percent of the total capital of all banks of Azerbaijan (5.93 billion manats).
The ranking of Azerbaijani banks according to the volume of total capital is as follows:
| Banks | Total capital | |
| 1 | International Bank | 1.675 billion manats |
| 2 | Capital Bank | 907.649 million manats |
| 3 | Pasha Bank | 870.795 million manats |
| 4 | People’s Bank | 498,163 million manats |
| 5 | Bank Republic | 174.36 million manats |
| 6 | Premium Bank | 170.987 million manats |
| 7 | UniBank | 161.11 million manats |
| 8 | AccessBank | 143.504 million manats |
| 9 | Bank of Baku | 140.859 million manats |
| 10 | Expressbank | 127.825 million manats |
| 11 | Rabita Bank | 113.23 million manats |
| 12 | ZiraatBank | 112,006 million manats |
| 13 | AzersenayeBank | 111.647 million manats |
| 14 | YapikrediBank | 88.187 million manats |
| 15 | Turan Bank | 85.639 million manats |
| 16 | VTB Bank | 83.638 million manats |
| 17 | Eurasia Bank | 79.216 million manats |
| 18 | AFB Bank | 78.862 million manats |
| 19 | Azer–Turk Bank | 78.557 million manats |
| 20 | That Bank | 61.377 million manats |
| 21 | Nakhchivan Bank | 57.997 million manats |
| 22 | Bank Melli Iran | 57.893 million manats |
| 23 | BTB Bank | 50.977 million manats |
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.jpg?w=150&resize=150,150&ssl=1 "RANKING of Azerbaijani banks by net income
- 2024-02-11 03:45:37")
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