Banks operating in Azerbaijan announced their financial results for 2022.

"APA-Economics" has prepared a ranking of banks according to the volume and dynamics of their operating profit.

In 2022, "Kapital Bank" was the market leader in terms of operating profit - 460.5 mln.

manats.

"Azerbaijan International Bank" was the one whose operating profit increased the most.

The bank's operating profit last year was 117.4 mln.

manat increased.

The indicators of other banks are as follows:

Banks

2022

Mln.

with AZN

Capital Bank OJSC

460.5

ABB OJSC

395.4

PASHA Bank OJSC

212.8

Xalq Bank OJSC

52.8

Bank of Baku OJSC

34.1

Bank Respublika OJSC

33.3

Unibank KB OJSC

24.5

AccessBank JSC

24.3

Rabitabank OJSC

20.6

Ziraat Bank Azerbaijan OJSC

18.9

Azer Turk Bank OJSC

18.7

Nakhchivanbank OJSC

17.1

Expressbank OJSC

16.0

TuranBank OJSC

11.4

Premium Bank OJSC

10.6

Yapı Kredi Bank Azerbaijan JSC

10.2

AFB Bank OJSC

9.7

Bank Eurasia OJSC

6.4

Azerbaijan Industrial Bank OJSC

6.4

Muganbank OJSC

2.7

Bank VTB (Azerbaijan) OJSC

1.9

Bank Melli Iran Baku branch

1.5

Yelo Bank OJSC

0.7

Gunay Bank OJSC

0.6

Bank BTB OJSC

0.4

Banks

Operating profit

2022

million

AZN

Absolute dynamics

Relative dynamics

Premium Bank OJSC

10.6

11.4

It has gone from loss to profit

Bank VTB (Azerbaijan) OJSC

1.9

5.4

It has gone from loss to profit

Yelo Bank OJSC

0.7

2,3

Profit has gone from loss

ABB OJSC

395.4

117.4

42.2%

Capital Bank OJSC

460.5

94.1

25.7%

PASHA Bank OJSC

212.8

51.5

31.9%

AccessBank JSC

24.3

23.1

18.7 times

Xalq Bank OJSC

52.8

22.7

75.3%

Bank Respublika OJSC

33.3

19.2

2.4 times

Azer Turk Bank OJSC

18.7

18.6

133.5 times

Bank of Baku OJSC

34.1

12.1

55.3%

Ziraat Bank Azerbaijan OJSC

18.9

9.9

109.7%

TuranBank OJSC

11.4

9.5

6 times

Nakhchivanbank OJSC

17.1

5.3

45.3%

Rabitabank OJSC

20.6

5.0

32.2%

Yapı Kredi Bank Azerbaijan JSC

10.2

4.2

71.0%

Azerbaijan Industrial Bank OJSC

6.4

4.2

2.9 times

Unibank KB OJSC

24.5

2.9

13.5%

Expressbank OJSC

16.0

2.4

18.0%

Bank Eurasia OJSC

6.4

1.6

33.5%

Muganbank OJSC

2.7

1,2

80.3%

Bank BTB OJSC

0.4

0.3

3.2 times

AFB Bank OJSC

9.7

0.1

1.1%

Gunay Bank OJSC

0.6

-0.1

-21.4%

Bank Melli Iran Baku branch

1.5

-4.8

-76.4%