BAKU, Azerbaijan, January 27. The International Bank of Azerbaijan (IBA) has occupied first place in the volume of total liabilities among banks in Azerbaijan in the fourth quarter of 2024, Trend reports.
According to the bank's financial report, the volume of total liabilities for the reporting period amounted to 11.5 billion manat ($6.7 billion).
Kapital Bank, with a total volume of aggregate liabilities of 10.4 billion manat ($6.1 billion), held second place.
PASHA Bank ranked third with total liabilities of 7.3 billion manat ($4.2 billion), Xalq Bank ranked fourth with 2.5 billion manat ($1.4 billion), and Bank Respublika closed the top five with 1.9 billion manat ($1.1 billion).
The total liabilities of the first three banks amounted to 29.3 billion manat ($17.2 billion), or 71.7 percent of the total aggregate liabilities of 10 banks of Azerbaijan (40.9 billion manat ($24 billion)), or 63.25 percent of the total aggregate liabilities of all banks of Azerbaijan (46.3 billion manat ($27.2 billion)).
Ranking of banks in Azerbaijan by total liabilities:
| Banks | Total liabilities | |
| 1 | International Bank of Azerbaijan (ABB) | 11.5 billion manat ($6.76 billion) |
| 2 | Kapital Bank | 10.4 billion manat ($6.11 billion) |
| 3 | PASHA Bank | 7.3 billion manat ($4.29 billion) |
| 4 | Xalq Bank | 2.5 billion manat ($1.4 billion) |
| 5 | Bank Respublika | 1.9 billion manat ($1.1 billion) |
| 6 | Azer Turk Bank | 1.9 billion manat ($1.1 billion) |
| 7 | UniBank | 1.5 billion manat ($882.3 million) |
| 8 | AccessBank | 1.3 billion manat ($764.7 million) |
| 9 | Yelo Bank | 1.1 billion manat ($647 million) |
| 10 | Rabita Bank | 1 billion manat ($588.2 million) |
| 11 | ZiraatBank | 787.5 million manat ($463.2 million) |
| 12 | Bank of Baku | 778.5 million manat ($457.9 million) |
| 13 | Turan Bank | 747.8 million manat ($439.8 million) |
| 14 | AzersenayeBank | 658.3 million manat ($387.2 million) |
| 15 | YapikrediBank | 620.4 million manat ($364.9 million) |
| 16 | Expressbank | 481.4 million manat ($283.1 million) |
| 17 | Premium Bank | 463 million manat ($272.3 million) |
| 18 | BTB Bank | 311.3 million manat ($183.1 million) |
| 19 | AFB Bank | 217.9 million manat ($128.1 million) |
| 20 | VTB Bank | 216.1 million manat ($127.1 million) |
| 21 | Avrasiya Bank | 116.3 million manat ($68.4 million) |
| 22 | Bank Melli Iran | 70.1 million manat ($41.2 million) |
