Market share of 5 largest banks on total assets reached 80.6% in 2011 in Azerbaijan, according to the National Central Bank. This is 33.1% more than in the previous year.
Historically, market share of 5 largest banks on total assets in Azerbaijan reached an all time high of 92.7% in 1997 and an all time low of 53.3% in 2008.
Azerbaijan has been ranked 12th within the group of 60 countries we follow in terms of market share of 5 largest banks on total assets.
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