Best Banks in Azerbaijan

Unibank, AccessBank, and the İnternational Bank of Azerbaijan are highly regarded as the best banks in Azerbaijan.

Unibank is the best bank in Azerbaijan in 2008, according to the British financial magazine The Banker. It is also the only private bank in Azerbaijan to have been given this high award. Unibank is one of the largest private banks of Azerbaijan, offering its customers a broad range of banking products and services including cash settlements, currency exchange operations and all the trade finance facilities (letters of credit, COLA and bank guarantees), as well as lending, deposits, plastic cards, cash collection, and so on.

AccessBank has been recognized by the International Fitch Rating Agency as the most reliable bank in Azerbaijan among private banks (BB+), and it was named “Best Bank in Azerbaijan” by both Global Finance (2011) and Euromoney (2010) magazines in their annual awards. In 2010 Standard & Poor's rating agency ranked AccessBank as the most transparent bank in Azerbaijan.

The İnternational Bank of Azerbaijan is one of the leading banks in Azerbaijan. It has received many awards and distinctions such as the follows:
- Awarded as “Best Bank in CIS, Central and Eastern Europe” by emeafinance magazine (2010).
- Named the Best Bank in the World's Emerging Markets (for the Central Caucasus region) by Global Finance magazine (2010).
- Named the Bank of the Year in Azerbaijan by The Banker magazine (2009).
- Named the Best Bank in Azerbaijan by Euromoney magazine (2006).

Author

Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn