List of banks in Azerbaijan
From Wikipedia, the free encyclopedia
As of 2026, there are 22 banks operating in the territory of Azerbaijan. These include the nation's central bank (the Central Bank of Azerbaijan) and 21 private commercial banks.
Commercial banks
| English name[1] | Call name | Licence date | Majority Owner | Capital | Website |
|---|---|---|---|---|---|
| “Accessbank” CJSC | Accessbank | 25 October 2002 | ADB |  |
accessbank.az |
| “AFB Bank” CJSC | AFB Bank | 28 November 2008 | |
afb.az | |
| “International Bank of Azerbaijan” OJSC | ABB | 30 December 1992 | Azerbaijan Investment Holding | |
abb-bank.az |
| “Azerbaijan Industry Bank” OJSC | ASB | 28 September 1996 | Anadolu Investment | |
asb.az |
| “Azer-Turk Bank” OJSC | ATB | 29 June 1995 | State Service on Property Issues | |
atb.az |
| “Bank Eurasia” OJSC | BankAvrasiya | 28 November 2007 | |
bankavrasiya.az | |
| “Bank of Baku” OJSC | Bank of Baku | 18 February 2005 | NAB Holding | |
bankofbaku.az |
| Bank "BTB” OJSC | Bank BTB | 19 March 2010 | |
btb.az | |
| “Bank Respublika” OJSC | Bank Respublika | 15 December 1992 | Guliyev family | |
bankrespublika.az |
| "Premium Bank” OJSC | Premium Bank | 6 January 1994 | Hamzayeva Zaria Kamil | |
premiumbank.az |
| “Bank VTB (Azerbaijan)” OJSC | VTB | 22 October 1993 | VTB Group |  |
vtb.az |
| “Expressbank” OJSC | Expressbank | 30 December 1992 | Azenco | |
expressbank.az |
| "Xalq Bank" OJSC | Xalq Bank | 27 December 2004 | İdeal Business Ko | |
xalqbank.az |
| “Kapital Bank” OJSC | Kapital Bank | 8 February 2000 | PASHA Holding | |
kapitalbank.az |
| “Yelo” OJSC | Yelo Bank | 25 February 1994 | Topaz Investment | |
yelo.az |
| “Pasha Bank” OJSC | Pasha Bank | 28 November 2007 | PASHA Holding | |
pashabank.az |
| “Rabitabank” OJSC | Rabitəbank | 30 June 1993 | Zakir Nuriyev | |
rabitabank.com |
| "TuranBank" OJSC | TuranBank | 30 December 1992 | |
turanbank.az | |
| “Unibank” OJSC | Unibank | 10 December 1992 | Eldar Garibov | |
unibank.az |
| “Yapi Kredi Bank Azerbaijan” CJSC | YapıKredi Bank | 11 January 2000 | Yapı ve Kredi A.Ş. |  |
yapikredi.com.az |
| “Ziraat Bank Azerbaijan” OJSC | Ziraat Bank | 30 December 2014 | T.C. Ziraat Bankası A.Ş. | |
ziraatbank.az |
| Foreign bank branch | |||||
| "Bank Melli Iran" (Baku Branch) | BMI Baku | 29 January 1993 | Bank Melli Iran |  |
bmibaku.az |
Defunct banks
- AtaBank
- Azal Bank
- Bank Silk Way
- Debutbank
- DemirBank
- Dresdner Bank
- Evrobank
- AGBank (1992-2020)
- Amrahbank (1993-2020)
- AtaBank (1993-2020)
- NBCBank (1992-2020)
- Vahid bank
- 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)
- DekaBank (1989-2016)
- Atrabank (1992-2016)
- Caspian Development Bank
- Bank Standard (1995-2016)
- DəmirBank (1989-2017)
- Caucasus Development Bank (-2016)
- Günay Bank (1992-2023)
- Muğanbank (1992-2023)
Recent developments
As of early 2026, total assets of Azerbaijan's banking sector reached approximately 55–57 billion AZN, reflecting moderate growth supported by expanding credit activity.[2]
The sector remains relatively concentrated, with several systemically important banks—including Kapital Bank, International Bank of Azerbaijan, PASHA Bank, and Unibank—playing a dominant role in the financial system.
