​Ranking of Azerbaijani banks for interest expense (TOP-10)

Report Agency prepared a ranking of banks for interest expenses

Baku. December. REPORT.AZ/ Analytical Group of Report News Agency has prepared ranking of banking organizations in Azerbaijan in terms of interest expenses in January-September 2015.

The top ten banks in terms of interest expense are as follows (TOP-10):

BanksInterest expenses
(thous. manats)
1Muganbank19 590
2Bank Respublika16 538
3Pasha Bank14 860
4VTB Azerbaijan14 519
5Turanbank13 950
6Rabitabank11 501
7Silkway Bank9 190
8ParaBank8 403
9ZaminBank7 750
10Expressbank7 434

* Note that the number of banks have not provided the Report Agency with data due to deterioration of the financial situation

** For a complete list you should subscribe to the Economic Bulletin of the Report Agency.

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