BAKU, Azerbaijan, July 22. The International Bank of Azerbaijan ranked first in terms of loan portfolio among Azerbaijani banks in the first half of 2024, Trend reports.
According to the bank's financial report, the size of its loan portfolio in the reporting period amounted to 5.8 billion manat ($3.4 billion).
The second position in the ranking was taken by Kapital Bank with a loan portfolio of 4.7 billion manat ($2.7 billion).
PASHA Bank is in third place with a loan portfolio of 3 billion manat ($1.7 billion), Xalq Bank is in fourth place with 1.8 billion manat ($1.05 billion), and Bank Respublika is in fifth place with 1.2 billion manat ($705 million).
The aggregate loan portfolio of the first three banks amounts to 13.6 billion manat ($7.9 billion), or 64.06 percent of the total loan portfolio of 10 banks in Azerbaijan (21.3 billion manat ($12.5 billion)), as well as 53.82 percent of the total loan portfolio of all banks in Azerbaijan (25.4 billion manat ($14.9 billion)).
Ranking of Azerbaijani banks by loan portfolio volume:
| Banks | Loan portfolio | |
| 1 | International Bank | 5.8 billion manat ($3.4 billion) |
| 2 | Kapital Bank | 4.7 billion manat ($2.7 billion) |
| 3 | Pasha Bank | 3 billion manat ($1.7 billion0 |
| 4 | Xalq Bank | 1.8 billion manat ($1 million) |
| 5 | Bank Respublika | 1.2 billion manat ($705 million) |
| 6 | UniBank | 1 billion manat ($588 million) |
| 7 | AccessBank | 1 billion manat ($588 million) |
| 8 | Yelo Bank | 846.7 million manat ($498 million) |
| 9 | Rabita Bank | 765.4 million manat ($450.2 million) |
| 10 | Azer–Turk Bank | 751.5 million manat ($442 million) |
| 11 | Bank of Baku | 712.6 million manat ($419.1 million) |
| 12 | Turan Bank | 644.9 million manat ($379.3 million) |
| 13 | Premium Bank | 471.8 million manat ($277.5 million) |
| 14 | Expressbank | 440.9 million manat ($259.3 million) |
| 15 | ZiraatBank | 424.9 million manat ($249.9 million) |
| 16 | YapikrediBank | 313.7 million manat ($184.5 million) |
| 17 | BTB Bank | 273.5 million manat ($160.8 million) |
| 18 | AzersenayeBank | 258.5 million manat ($152 million) |
| 19 | VTB Bank | 213.6 million manat ($125.6 million) |
| 20 | AFB Bank | 170.4 million manat ($100.2 million) |
| 21 | Avrasiya Bank | 134.8 million manat ($79.2 million) |
| 22 | Bank Melli Iran | 2,3 million manat ($1.3 million) |
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