Banks with authorized capital of over AZN 300 million

16:20 - 18.11.2022

November 18, Fineko/abc.az. Five out of the 26 banks operating in Azerbaijan had authorized capital of more than AZN 300 million as of 1 October 2022.

ABC.AZ reports that among them are the International Bank of Azerbaijan (AZN 1.225 bn), Yelo Bank (AZN 378 million), Xalq Bank (AZN 364.8 million), PASHA Bank (AZN 354.5 million), and Bank VTB Azerbaijan (AZN 315.815 million).

Out of the remaining 21 banks, two ones have authorized capital of AZN 200 million to AZN 300 million, 5 banks - from AZN 100 million to AZN 200 million, 11 banks – from AZN 50 million to AZN 100 million, two banks meet the minimum requirement of AZN 50 million, and one bank less than AZN 10 million.

 

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