Ttransparency ranking of banks based in Azerbaijan

Finance

23 December, 2016
12:49

Ttransparency ranking of banks based in Azerbaijan

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Baku. 23 December. REPORT.AZ/ Analytical Group of Report News Agency has prepared a transparency ranking of banks based on indicators of their financial performance.

Inquiry of Report News Agency on financial performance as of October 1, 2016, was responded by 29 banks. Other banks have hidden their data from the public. Notably, the agency also used the reports posted by banks on their websites.

Banks, in general, have released data on assets, loan and deposit portfolio, volume of capital and profits, at the same time, they hidden figures on problem loans, foreign exchange list of credit and deposit portfolio.

The table below shows released and hidden data of the banks in Azerbaijan:

No.	Banks	Transparency coefficient
1	Gunaybank	38/47
2	Rabitabank	37/47
3	YapiKredi Bank Azerbaijan	30/47
4	Expressbank	22/47
5	Xalg Bank	22/47
6	Demirbank	21/47
7	Turanbank	21/47
8	Bank BTB	21/47
9	Atabank	20/47
10	PASHA Bank	20/47
11	Silkway Bank	20/47
12	Ziraat Bank Azerbaijan	18/47
13	AFB Bank	17/47
14	ASB Bank	16/47
15	Caspian Development Bank	16/47
16	Kapital Bank	15/47
17	Pakistan National Bank-Baku	15/47
18	NBC Bank	14/47
19	Bank Avrasiya	14/47
20	Accessbank	13/47
21	VTB Azerbaijan	13/47
22	Muganbank	13/47
23	Bank of Baku	13/47
24	Nikoil Bank	12/47
25	Unibank	12/47
26	AG Bank	11/47
27	Bank Melli Iran-Baku	7/47
28	Amrahbank	7/47
29	Bank Respublika	6/47
30	Azer-Turk Bank	0/47
31	IBAR	0/47
32	Nakhchivan Bank	0/47