Banks operating in Azerbaijan announced their financial reports for the first quarter of 2023.

"APA-Economics" reports that in the first quarter of the current year, the deposit portfolio of legal entities decreased in 12 banks, and increased in 10 banks.

It should be noted that "International Bank of Azerbaijan", "Pasha Bank" and "Kapital Bank" occupy the first 3 places according to the size of the deposit portfolio of legal entities.

The ranking of banks according to the size of the deposit portfolio of legal entities is as follows:

Banks

2022 thousand.

manats

1st quarter of 2023 thousand.

manats

ABB OJSC

8715272

6854782

PASHA Bank OJSC

5435615

5496765

Capital Bank OJSC

4456174

4154024

Bank Respublika OJSC

406930

404294

Yapı Kredi Bank Azerbaijan JSC

283106

279912

Ziraat Bank Azerbaijan OJSC

194126

258519

Unibank KB OJSC

218388

225220

Rabitabank OJSC

289972

224068

AccessBank JSC

141041

198027

Azer Turk Bank OJSC

183813

197820

Premium Bank OJSC

125827

140188

Yelo Bank OJSC

131189

136435

TuranBank OJSC

101370

108262

Nakhchivanbank OJSC

145046

105648

Azerbaijan Industrial Bank OJSC

96414

100329

AFB Bank OJSC

86348

90437

Expressbank OJSC

41870

35208

Gunay Bank OJSC

37563

35084

Muganbank OJSC

97101

33592

Bank VTB (Azerbaijan) OJSC

41863

31058

Bank of Baku OJSC

35513

26142

Bank Eurasia OJSC

12628

6012

People's Bank

-

-

Bank BTB

-

-

Bank Melli Iran Baku branch

-

-