5 banks’ assets in Azerbaijan exceed AZN 1 bn


August 2, Fineko/abc.az. As of 1 July 2021 the assets of five out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn.

ABC.AZ reports that among them are the International Bank of Azerbaijan (AZN 8.856 bn), PASHA Bank (AZN 5.9 bn), Kapital Bank (AZN 5.713 bn), Xalq Bank (AZN 2.2 bn) and Bank Respublika (AZN 1.214 bn).

Of the remaining 21 banks, seven have assets from AZN 500 million up to AZN 1 bn, 12 banks from AZN 100 million up to AZN 500 million, and two banks less than AZN 100 million.