The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Azerbaijan

Awards of Excellence

Central Asian regional awards


Best Bank: Unibank

Despite the slowdown in growth over the past two years, from 300% to 100%, UniBank has now secured, and retains, a strong third position in terms of assets in the Azerbaijan banking sector, and is also the country’s biggest private bank. Despite being far behind the International Bank of Azerbaijan in terms of size and market share, UniBank wins this award because of its impressive retail franchise, which has focused on client relations, and its broad and innovative retail product range. In the past year the bank’s management and corporate governance standards have been particularly praised as the team of young managers have driven the institution forward by completing two $5 million international syndicated loans and appointing the former president of Deutsche Bundesbank, Ernst Welteke, as an independent director of the supervisory board. In the next year, Kapital Bank is also tipped to generate competition once a 50% privatization stake has secured a strategic investor.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree