BAKU, Azerbaijan, July 23. The International Bank of Azerbaijan has occupied first place in the volume of total liabilities among banks in Azerbaijan in the first half of 2024, Trend reports.
According to the bank's financial report, the volume of total liabilities for the reporting period amounted to 11.4 billion manat ($6.7 billion).
The second position was occupied by Kapital Bank, with a total volume of aggregate liabilities amounting to 9.01 billion manat ($5.3 billion).
PASHA Bank ranked third with total liabilities of 7.6 billion manat ($4.4 billion), Xalq Bank ranked fourth with 2.6 billion manat ($1.5 billion), and Bank Respublika closed the top five with 2.05 billion manat ($1.2 billion).
The total liabilities of the first three banks amounted to 28.075 billion manat ($16.5 billion), or 71.98 percent of the total aggregate liabilities of 10 banks of Azerbaijan (39 billion manat ($22.9 billion)), or 63.68 percent of the total aggregate liabilities of all banks of Azerbaijan (44.08 billion manat ($25.9 billion)).
Ranking of banks in Azerbaijan by total liabilities:
| Banks | Total liabilities | |
| 1 | International Bank | 11.4 billion manat ($6.7 billion) |
| 2 | Kapital Bank | 9 billion manat ($5.2 billion) |
| 3 | Pasha Bank | 7.6 billion manat ($4.4 billion) |
| 4 | Xalq Bank | 2.6 billion manat ($1.5 billion) |
| 5 | Bank Respublika | 2 billion manat ($1.1 billion) |
| 6 | UniBank | 1.5 billion manat ($882 million) |
| 7 | Azer–Turk Bank | 1.3 billion manat ($764 million) |
| 8 | AccessBank | 1.31 billion manat ($770 million) |
| 9 | Rabita Bank | 1 billion manat ($588 million) |
| 10 | Yelo Bank | 999.1 million manat ($587.7 million) |
| 11 | Turan Bank | 789.7 million manat ($464.5 million) |
| 12 | Bank of Baku | 811 million manat ($477 million) |
| 13 | Azersenaye Bank | 601 million manat ($353.5 million) |
| 14 | ZiraatBank | 646.8 million manat ($380.4 million) |
| 15 | Premium Bank | 473 million manat ($278.2 million) |
| 16 | YapikrediBank | 424.2 million manat ($249.5 million) |
| 17 | Expressbank | 420.6 million manat ($247.4 million) |
| 18 | BTB Bank | 313.6 million manat ($184.4 million) |
| 19 | AFB Bank | 223.7 million manat ($131.5 million) |
| 20 | VTB Bank | 193.4 million manat ($113.7 million) |
| 21 | Avrasiya Bank | 114.6 million manat ($67.4 million) |
| 22 | Bank Melli Iran | 70.2 million manat ($41.2 million) |
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