Azerbaijan lifts lid on loan portfolio rankings of local banks

As of late June 2025, the International Bank of Azerbaijan (ABB) led the local banking sector with a loan portfolio worth 6.6 billion manat ($3.9 billion). Kapital Bank and PASHA Bank followed with $3.16 billion and $1.93 billion, respectively. The bank with the smallest loan portfolio was Bank Melli Iran’s Baku branch, with just 1.1 million manat ($656,000).