According to the results of the journalistic survey, the most transparent and private banks have become known.
In Azerbaijan, there are 37 commercial banks. Twenty-five of these were sent 46 questions, containing no trade secrets, but including the requirements for prudential reporting and related general information on activities. More than 90% of the questions were answered only by five institutions: JSC Rabitabank (100%), OJSC Turanbank (98%), OJSC Zaminbank (97%), OJSC Parabank (94%) and JSC Gunaybank (93%). The rest of the results can be found in the table below:
|
Bank |
Transparency level |
|
Rabitabank |
100% |
|
Turanbank |
98% |
|
Zaminbank |
97% |
|
Parabank |
94% |
|
Gunaybank |
93% |
|
Muganbank |
48% |
|
Kredobank |
46% |
|
Expressbank |
44% |
|
Caucasus Development Bank |
44% |
|
Accessbank |
40% |
|
ASB Bank |
40% |
|
Ziraat Bank Azerbaijan |
40% |
|
AFB Bank |
38% |
|
Pasha Bank |
38% |
|
Azer-Turk Bank |
38% |
|
Deka Bank |
38% |
|
Dеmirbank |
36% |
|
Silkway Bank |
32% |
|
Bank Melli İran-Baku |
30% |
|
Caspian Development bank |
27% |
|
Bank Avrasiya |
19% |
|
Kapital Bank |
14% |
|
Atabank |
12% |
|
Yapi Kredi Bank Azerbaijan |
12% |
|
Unibank |
2% |
|
Nikoil Bank |
0 |
|
Xalg Bank |
0 |
|
Amrahbank |
0 |
|
Texnika Bank |
0 |
|
VTB Azerbaijan |
0 |
|
Atrabank |
0 |
|
NBC Bank |
0 |
|
AG Bank |
0 |
|
Bank of Baku |
0 |
|
Bank Respublika |
0 |
|
Azerbaijan İnternational Bank |
0 |
|
Pakistan National Bank-Baku |
0 |
--17D—
Economics
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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