BAKU, Azerbaijan, April 18. The volume of authorized capital of banks operating in Azerbaijan as of the end of March 2025 has been announced.
The data obtained by Trend from the Central Bank of Azerbaijan shows that the International Bank of Azerbaijan (ABB) has hit the nail on the head, taking the top spot for authorized capital among local banks. The bank's authorized capital hit the jackpot at 1.28 billion manat ($750 million).
Xalq Bank snagged the silver medal with a hefty authorized
capital of 415.6 million manat ($244.5 million) in its pocket.
Yelo Bank landed in third place with a hefty 378 million manat
($222.3 million) in authorized capital, making quite a splash in
the financial pond.
The bank with the smallest authorized capital was Bank of Baku (52.87 million manat, or $31 million).
Authorized capital is the minimum financial resources invested by shareholders or founders when a company is established and determined by law. This capital is the initial funds required for the company to start operating as a legal entity and fulfill certain obligations.
|
Banks |
Authorized capital |
|
ABB |
1.28 billion manat ($750 million) |
|
Xalq Bank |
415.6 million manat ($244.5 million) |
|
Yelo Bank |
378 million manat ($222.3 million) |
|
PASHA Bank |
354.5 million manat ($208.5 million) |
|
VTB Bank |
315.8 million manat ($185.7 million) |
|
Kapital Bank |
265.8 million manat ($156.3 million) |
|
Premium Bank |
154.6 million manat ($90.9 million) |
|
UniBank |
138.2 million manat ($81.2 million) |
|
AccessBank |
121.7 million manat ($71.5 million) |
|
Expressbank |
112.5 million manat ($66.1 million) |
|
Rabita Bank |
101.3 million manat ($59.5 million) |
|
Turan Bank |
100 million manat ($58.8 million) |
|
Bank Respublika |
73.9 million manat ($43.4 million) |
|
Bank Melli Iran |
73.6 million manat ($43.2 million) |
|
Avrasiya Bank |
71.8 million manat ($42.2 million) |
|
BTB Bank |
71.4 million manat ($42 million) |
|
AFB Bank |
70.3 million manat ($41.3 million) |
|
ZiraatBank |
65.5 million manat ($38.5 million) |
|
AzersenayeBank |
60 million manat ($35.2 million) |
|
Yapi Kredi Bank |
55.3 million manat ($32.5 million) |
|
Bank of Baku |
52.8 million manat ($31 million) |
|
Azer Turk Bank |
79 million manat ($46.5 million) |
