Azerbaijan's banking sector is the 4th largest among 10 countries of frontier Europe & Central Asia (following that of Kazakhstan, Ukraine, and Uzbekistan).
State-owned ABB is the country's largest financial institution, with 28% of the market share. Led by top players Kapital Bank and Pasha Bank, 17 private banks command 67% of the banking assets. Four foreign banks hold an insignificant 4% share.
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