16:41 - 16.05.2023

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May 16, Fineko/abc.az. Out of the 25 banks operating in Azerbaijan, five had authorized capital of more than AZN 300 million as of April 1, 2023.

ABC.AZ reports that among them are the International Bank of Azerbaijan (AZN 1.225 bn), Yelo Bank (AZN 378 million), Xalq Bank (AZN 364.773 million), PASHA Bank (AZN 354.512 million) and Bank VTB Azerbaijan (AZN 315.815 million).

Out of the remaining 20 banks, two have authorized capital of AZN 200 million to AZN 300 million, five banks from AZN 100 million to AZN 200 million, 11 banks from AZN 50 million to AZN 100 million, two banks meet the minimum requirement - AZN 50 million.