BAKU, Azerbaijan, July 24. The International Bank of Azerbaijan (ABB) has occupied first place in terms of total capital among the banks of Azerbaijan in the first half of 2024, Trend reports.
According to the bank's financial report, the total aggregate capital for the reporting period amounted to 1.6 billion manat ($941 million).
The second position in the ranking was occupied by Kapital Bank, with total aggregate capital amounting to 1.04 billion manat ($611 million).
PASHA Bank, with a total capital amounting to 859.8 million manat ($505.7 million), ranks third; Xalq Bank, with 473.3 million manat ($278.4 million), ranks fourth; and Bank Respublika, with 193.8 million manat ($114 million), closes the top five.
The total capital of the first three banks amounts to 3.5 billion manat ($2 billion), or 71.24 percent of the total capital of 10 banks in Azerbaijan (5.02 billion manat ($2.9 billion)), or 58.82 percent of the total capital of all banks in Azerbaijan (6.08 billion manat ($3.5 billion)).
Ranking of banks in Azerbaijan by total capital:
| Banks | Total capital | |
| 1 | International Bank | 1.6 billion manat ($941 million) |
| 2 | Kapital Bank | 1.04 billion manat ($611 million) |
| 3 | Pasha Bank | 859.8 million manat ($505.7 million) |
| 4 | Xalq Bank | 473.3 million manat ($278.4 million) |
| 5 | Bank Respublika | 193.8 million manat ($114 million) |
| 6 | UniBank | 168.7 million manat ($99.2 million) |
| 7 | Premium Bank | 168.2 million manat ($98.9 million) |
| 8 | Access Bank | 167.3 million manat ($98.4 million) |
| 9 | Bank of Baku | 138.4 million manat ($81.4 million) |
| 10 | Express bank | 134.3 million manat ($79 million) |
| 11 | Ziraat Bank | 121.3 million manat ($71.3 million) |
| 12 | Rabita Bank | 119.4 million manat ($70.2 million) |
| 13 | Azersenaye Bank | 114.8 million manat ($67.5 million) |
| 14 | Turan Bank | 103.2 million manat ($60.7 million) |
| 15 | Yapikredi Bank | 93.2 million manat ($54.8 million) |
| 16 | Azer–Turk Bank | 92.7 million manat ($54.5 million) |
| 17 | VTB Bank | 88.4 million manat ($52 million) |
| 18 | Avrasiya Bank | 80.3 million manat ($47.2 million) |
| 19 | AFB Bank | 71.6 million manat ($42.1 million) |
| 20 | Yelo Bank | 61.3 million manat ($36 million) |
| 21 | Bank Melli Iran | 60.7 million manat ($35.7 million) |
| 22 | BTB Bank | 52.1 million manat ($30.6 million) |
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