BAKU, Azerbaijan, January 27. Kapital Bank occupied the first place among Azerbaijani banks in terms of income in the fourth quarter of 2024, Trend reports.
Based on the bank's financial report, the volume of income of the bank for the reporting period amounted to 1.4 billion manat ($823 million).
The second position in the ranking was occupied by the International Bank of Azerbaijan (ABB) with total revenues of 1.2 billion manat ($705 million).
PASHA Bank, with total revenues of 729.2 million manat ($428.9 million), ranks third; UniBank ranks fourth with 354.6 million manat ($208.5 million), and Bank Respublika closes the top five with 276.4 million manat ($162.5 million).
The total income of the first three banks is 3.4 billion manat ($2 billion), which is 68.07 percent of the total income of 10 banks in Azerbaijan (5.08 billion manat ($2.9 billion)), or 59.41 percent of the total income of all banks in Azerbaijan (5.8 billion manat ($3.4 billion)).
Ranking of Azerbaijani banks by income volume:
| Banks | Total revenues | |
| 1 | Kapital Bank | 1.4 billion manat ($823 million) |
| 2 | International Bank of Azerbaijan (ABB) | 1.2 billion manat ($705 million) |
| 3 | PASHA Bank | 729.2 million manat ($428.9 million) |
| 4 | UniBank | 354.6 million manat ($208.5 million) |
| 5 | Bank Respublika | 276.4 million manat ($162.5 million) |
| 6 | AccessBank | 242.5 million manat ($142.6 million) |
| 7 | Xalq Bank | 226.7 million manat ($133.3 million) |
| 8 | Yelo Bank | 183.2 million manat ($107.7 million) |
| 9 | Bank of Baku | 171.3 million manat ($100.7 million) |
| 10 | Rabita Bank | 167.2 million manat ($98.3 million) |
| 11 | Azer Turk Bank | 146.4 million manat ($86.1 million) |
| 12 | Turan Bank | 110.6 million manat ($65.05 million) |
| 13 | Expressbank | 89.1 million manat ($52.4 million) |
| 14 | ZiraatBank | 74.3 million manat ($43.7 million) |
| 15 | YapikrediBank | 72.07 million manat ($42.3 million) |
| 16 | AzersenayeBank | 51.8 million manat ($30.4 million) |
| 17 | Premium Bank | 49.1 million manat ($28.8 million) |
| 18 | VTB Bank | 47.4 million manat ($27.8 million) |
| 19 | BTB Bank | 37.2 million manat ($21.8 million) |
| 20 | AFB Bank | 31.6 million manat ($18.5 million) |
| 21 | Avrasiya Bank | 17.7 million manat ($10.4 million) |
| 22 | Bank Melli Iran | 13.1 million manat ($7.7 million) |
