List of banks in Azerbaijan and their types

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Azerbaijan has a well-developed banking system with a variety of banks to choose from.

There are several types of banks in Azerbaijan, including state-owned banks, private banks, and foreign banks.

State-owned banks in Azerbaijan include the Central Bank of Azerbaijan, the State Oil Fund of Azerbaijan, and the Azerbaijan Investment Fund.

Private banks in Azerbaijan have been growing in number and popularity in recent years.

Commercial Banks

Azerbaijan has a diverse banking system, with a total of 29 commercial banks operating in the country. The oldest commercial bank in Azerbaijan is the "International Bank of Azerbaijan" OJSC, which was established on 30 December 1992.

Some of the major commercial banks in Azerbaijan include "Accessbank" CJSC, "AFB Bank" CJSC, and "Kapital Bank" OJSC. These banks have a significant presence in the country and offer a wide range of financial services.

Here is a list of some of the commercial banks in Azerbaijan:

These are just a few examples of the many commercial banks operating in Azerbaijan. Each bank has its own unique features and services, so it's worth doing some research to find the one that best fits your needs.

Commercial

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Commercial banks in Azerbaijan have a rich history, with the oldest bank being "International Bank of Azerbaijan" OJSC, which was established in 1992.

This bank is owned by Azerbaijan Investment Holding and has been in operation for over 29 years. The bank's website is abb-bank.az.

Some of the commercial banks in Azerbaijan have international connections, such as "Bank VTB (Azerbaijan)" OJSC, which is owned by VTB Group and has been operating in the country since 1993.

Here are some of the commercial banks in Azerbaijan, listed by their English name:

  • "Accessbank" CJSC
  • "AFB Bank" CJSC
  • "International Bank of Azerbaijan" OJSC
  • "Azerbaijan Industry Bank" OJSC
  • "Azer-Turk Bank" OJSC
  • "Bank Eurasia" OJSC
  • "Bank of Baku" OJSC
  • "Bank "BTB” OJSC
  • "Bank Respublika" OJSC
  • "Nakhchivanbank" OJSC
  • "Premium Bank” OJSC
  • "Bank VTB (Azerbaijan)" OJSC
  • "Expressbank" OJSC
  • "Xalq Bank" OJSC
  • "Kapital Bank" OJSC
  • "Muğanbank" OJSC
  • "Yelo” OJSC
  • "Pasha Bank" OJSC
  • "Rabitabank" OJSC
  • "TuranBank" OJSC
  • "Unibank" OJSC
  • "Yapi Kredi Bank Azerbaijan" CJSC
  • "Ziraat Bank Azerbaijan" OJSC

These banks offer a range of services, including loans, deposits, and payment systems.

Amra JSB

Amra JSB is a commercial bank that operates in Bangladesh. It was established in 1999 and is headquartered in Dhaka.

Respublika

Respublika is a commercial bank that offers a wide range of services to its clients. It was founded in 1992 and is owned by the Guliyev family.

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Bank Respublika's services include various types of loans, multiple card options, and comprehensive online services. It provides specialized products like cash loans, business loans, and deposit schemes.

The bank features mobile banking through its "Mobile Office" service, allowing customers to perform basic financial operations securely without visiting the bank. This service is convenient for clients who want to manage their finances on the go.

Here are some of the loan options offered by Bank Respublika:

  • Cash loans
  • Business loans
  • Specialized loan products

Bank Respublika has a website at bankrespublika.az, where clients can access their online services and manage their accounts.

Azerbaijan

Azerbaijan has a thriving banking sector, with several commercial banks operating in the country. One of the notable banks is the International Bank of Azerbaijan.

The bank offers a wide range of services to cater to different types of clients, including personal, small business, SME, and corporate clients. These services include cards, loans, online banking, and money transfers.

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International Bank of Azerbaijan provides comprehensive online services, including mobile banking and internet banking. This allows clients to manage their finances and perform transactions remotely.

The bank offers various loan options, such as cash loans and mortgage loans. This can be a huge relief for individuals and businesses looking to borrow money for various purposes.

One of the notable features of the bank's offerings is its extensive card portfolio, which includes debit and credit cards. This provides clients with a convenient and secure way to make payments.

Here are some of the key services offered by International Bank of Azerbaijan:

  • Comprehensive online services including mobile banking and internet banking
  • Various loan options such as cash loans and mortgage loans
  • Extensive card offerings including debit and credit cards

Defunct and Former Banks

Azerbaijan has had its fair share of defunct and former banks. Atrabank, for example, was operational from 1992 to 2016.

Some notable defunct banks include DekaBank, which was established in 1989 and ceased operations in 2016, and DəmirBank, which was active from 1989 to 2017.

A list of some of the defunct and former banks in Azerbaijan includes:

  • AtaBank (1993-2020)
  • Amrahbank (1993-2020)
  • Azerigasbank (1992-2020)
  • Bank of Azerbaijan (1993-2016)
  • Bank Standard (1995-2016)
  • Caspian Development Bank
  • Caucasus Development Bank (-2016)
  • DekaBank (1989-2016)
  • DəmirBank (1989-2017)
  • Evrobank
  • Ganjabank (1994-2016)
  • Günay Bank (1992-2023)
  • KredoBank (1994-2016)
  • NBCBank (1992-2020)
  • Parabank (1991-2016)
  • Royal Bank (1993-2012)
  • United Credit Bank (1996-2016)
  • Vahid bank
  • Zaminbank (1992-2016)

Defunct

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Defunct banks have been a part of Azerbaijan's financial landscape.

AtaBank operated from 1993 to 2020, while Azal Bank also ceased operations during this time.

Azerbaijan's banking sector has undergone significant changes over the years.

Bank Silk Way, Debutbank, and Dresdner Bank are among the banks that have shut down.

Evrobank, AGBank, and Amrahbank all stopped operating between 2016 and 2020.

DemirBank, DekaBank, and DəmirBank ceased operations in 2017 and 2016, respectively.

Here is a list of some of the defunct banks:

  • AtaBank (1993-2020)
  • Azal Bank (defunct)
  • Bank Silk Way (defunct)
  • Debutbank (defunct)
  • DemirBank (1989-2017)
  • DekaBank (1989-2016)
  • DəmirBank (1989-2017)
  • Evrobank (defunct)
  • AGBank (1992-2020)
  • Amrahbank (1993-2020)
  • NBCBank (1992-2020)
  • Vahid bank (defunct)
  • Zaminbank (1992-2016)
  • KredoBank (1994-2016)
  • United Credit Bank (1996-2016)
  • Bank of Azerbaijan (1993-2016)
  • Ganjabank (1994-2016)
  • Parabank (1991-2016)
  • Bank Technique (1994-2016)
  • Royal Bank (1993-2012)
  • Caspian Development Bank (defunct)
  • Bank Standard (1995-2016)
  • Günay Bank (1992-2023)

Ojsc Afb

Ojsc Afb was a bank that operated in Russia.

The bank was founded in 1992 and was headquartered in Moscow.

Ojsc Afb was a commercial bank that offered a range of financial services to individuals and businesses.

The bank's activities included accepting deposits, making loans, and providing payment services.

Unfortunately, the bank's history is marked by a lack of information, making it difficult to determine the exact circumstances of its closure.

Ojsc Demir

Ojsc Demir was a Russian bank that operated from 1992 to 2016. It was headquartered in Moscow.

The bank provided a range of financial services, including corporate and retail banking.

Ojsc Demir's assets were nationalized in 2016, marking the end of its operations.

International Banks

Credit: youtube.com, International bank of Azerbaijan debiy & credit cards

International Banks play a significant role in Azerbaijan's financial sector, offering a range of services to both local and international clients.

Some of the international banks operating in Azerbaijan include Standard Chartered, which has been present in the country since 1995, and HSBC, which has a long history of banking in the region.

These banks have a strong presence in the country, with Standard Chartered having a large network of branches and ATMs.

Other Banks

In Azerbaijan, there are several banks beyond the ones I've already mentioned. Access Bank has a phone number of +994124930726 and websites at http://www.accessbank.az and http://www.mixmarket.org.

If you're looking for more options, Ibar Bank is another choice with a phone number of +994124930091 and websites at http://www.ibar.az and http://www.kredobank.az.

Finance

When it comes to banking, having a variety of options is essential. Kapital Bank offers a comprehensive range of services that cater to different needs.

Kapital Bank provides a wide range of banking services, including cards, loans, deposits, money transfers, and online services. Their card offerings are particularly noteworthy.

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Birbank, premium, and student cards are just a few of the many card options available through Kapital Bank. These cards cater to different lifestyles and financial situations.

In addition to cards, Kapital Bank also offers various loan options such as cash loans, micro business loans, and car loans. This flexibility is beneficial for individuals and businesses with diverse financial needs.

Kapital Bank's online services are extensive, allowing customers to order cards and credits, obtain references, and view statements with ease. This convenience is particularly appealing in today's fast-paced digital age.

Whether you're looking for a new card or a loan, Kapital Bank's services are definitely worth exploring.

Ovo je lista 68 od Azerbajhan

In Azerbajhan, there are several banks to consider. One of them is Access Bank, with a phone number of +994124930726 and a website at http://www.accessbank.az.

You can also filter through a list of 68 banks in Azerbajhan to find the one that suits your needs.

Access Bank's details are available online, and you can find them on websites like http://www.mixmarket.org.

Ibar Bank is another option, with a phone number of +994124930091 and a website at http://www.ibar.az.

You can also find their details on websites like http://www.kredobank.az.

Frequently Asked Questions

What is the most popular bank in Azerbaijan?

The most popular bank in Azerbaijan is ABB (Azərbaycan Beynəlxalq Bankı), the largest bank in the country owned by the Azerbaijani state.

Can foreigners open a bank account in Azerbaijan?

Yes, foreigners can open a bank account in Azerbaijan. They can choose from various account types, including deposit and current accounts, in different currencies.

Is HSBC in Azerbaijan?

Yes, HSBC has a presence in Azerbaijan, with a company profile listed on Dun & Bradstreet. You can find more information about HSBC's operations in the country on their official website or through Dun & Bradstreet's database.

What are the digital banks in Azerbaijan?

In Azerbaijan, the following banks offer digital banking services: OneSafe, Kapital Bank, PASHA Bank, International Bank of Azerbaijan, Rabitabank, and Unibank. These banks provide convenient online and mobile banking solutions for customers.

Cassandra Bednar

Assigning Editor

Cassandra Bednar serves as an Assigning Editor, overseeing a diverse range of articles that delve into the intricate world of European banking. Her expertise spans cooperative banking, bankers associations, and various European trade associations. Cassandra has a keen interest in historical and contemporary financial institutions, particularly those established in the 1970s.

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