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Trading

List of Commercial Banks in Azerbaijan

Published by Gbaf News

Posted on April 19, 2013

1 min read

· Last updated: December 7, 2018

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AccessBank
AFB Bank
AGBank
Amrahbank
ASB
AtaBank
Atrabank
Azer-Türk Bank
Azerbaijan Credit Bank
Bank Eurasia
Bank BTB
Bank Melli Iran
Bank of Azerbaijan
Bank of Baku
Bank Respublika
Bank Standard
DekaBank
DemirBank
European Bank for Reconstruction and Development
Evrobank
Expressbank
Günay Bank
International Bank of Azerbaijan
Kapital Bank
KredoBank
MuganBank
Nakhchivanbank
NBC Bank
National Bank of Pakistan
Nikoil Bank
PAŞA Bank
Parabank
Rabitabank
Royal Bank
Texnikabank
Transcaucasus Development Bank
TuranBank
Unibank
United Credit Bank
VTB Bank Azerbaijan
Xalq Bank
YapiKredi Bank Azerbaijan
Zaminbank

Key Takeaways

  • Azerbaijan hosts a diverse range of commercial banks including both domestic and foreign-owned institutions.
  • The banking sector is moderately concentrated with several systemically important players like ABB, Kapital Bank, PASHA Bank, Bank Respublika and Unibank.
  • Many banks listed in the original content are now defunct and no longer operate in Azerbaijan.
  • The Central Bank of Azerbaijan maintains oversight over licensing and designates systemically important banks annually.

References

Frequently Asked Questions

Which banks are currently operating as commercial banks in Azerbaijan?
Operating commercial banks include AccessBank, AFB Bank, International Bank of Azerbaijan, ASB, Azer-Turk Bank, Bank Eurasia, Bank of Baku, BTB Bank, Bank Respublika, Premium Bank, VTB Bank, Expressbank, Xalq Bank, Kapital Bank, Yelo Bank, Pasha Bank, Rabitabank, TuranBank, Unibank, YapıKredi Bank Azerbaijan, and Ziraat Bank Azerbaijan.
Which banks have been designated systemically important by the Central Bank of Azerbaijan for 2026?
The systemically important banks for 2026 are International Bank of Azerbaijan (ABB), Kapital Bank, PASHA Bank, Bank Respublika, and Unibank.
Are there notable commercial banks in the list that are now defunct?
Yes, many institutions previously listed such as AGBank, Amrahbank, AtaBank, NBC Bank, Zaminbank, KredoBank, United Credit Bank, Bank of Azerbaijan, Parabank, Bank Standard, DemirBank, Evrobank, Günay Bank and MuganBank have since been closed.

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