Currently, there are 25 banks in Azerbaijan, one of which is the state (The Central Bank of Azerbaijan) and 24 are private commercial banks.
| English name | Call name | Licence date | Majority Owner | Capital | Website | |
|---|---|---|---|---|---|---|
| “Accessbank” CJSC | Accessbank | 25 October 2002 | ADB |  | accessbank.az | |
| “AFB Bank” CJSC | AFB Bank | 28 November 2008 | | afb.az | ||
| “International Bank of Azerbaijan” OJSC | ABB | 30 December 1992 | Azerbaijan Investment Holding | | abb-bank.az | |
| “Azerbaijan Industry Bank” OJSC | ASB | 28 September 1996 | Anadolu Investment | | asb.az | |
| “Azer-Turk Bank” OJSC | ATB | 29 June 1995 | State Service on Property Issues | | atb.az | |
| “Bank Eurasia” OJSC | BankAvrasiya | 28 November 2007 | | bankavrasiya.az | ||
| “Bank of Baku” OJSC | Bank of Baku | 18 February 2005 | NAB Holding | | bankofbaku.az | |
| Bank "BTB” OJSC | Bank BTB | 19 March 2010 | | btb.az | ||
| “Bank Respublika” OJSC | Bank Respublika | 15 December 1992 | Guliyev family | | bankrespublika.az | |
| “Nakhchivanbank” OJSC | Naxçıvanbank | 4 August 2008 | | naxcivanbank.az | ||
| "Premium Bank” OJSC | Premium Bank | 6 January 1994 | Hamzayeva Zaria Kamil | | premiumbank.az | |
| “Bank VTB (Azerbaijan)” OJSC | VTB | 22 October 1993 | VTB Group |  | vtb.az | |
| “Expressbank” OJSC | Expressbank | 30 December 1992 | Azenco | | expressbank.az | |
| "Xalq Bank" OJSC | Xalq Bank | 27 December 2004 | İdeal Business Ko | | xalqbank.az | |
| “Kapital Bank” OJSC | Kapital Bank | 8 February 2000 | PASHA Holding | | kapitalbank.az | |
| “Muğanbank” OJSC | Muğanbank | 25 November 1992 | | muganbank.az | ||
| “Yelo” OJSC | yelobank | 25 February 1994 | Topaz Investment | | yelo.az | |
| “Pasha Bank” OJSC | Pasha Bank | 28 November 2007 | PASHA Holding | | pashabank.az | |
| “Rabitabank” OJSC | Rabitəbank | 30 June 1993 | Zakir Nuriyev | | rabitabank.com | |
| "TuranBank" OJSC | TuranBank | 30 December 1992 | | turanbank.az | ||
| “Unibank” OJSC | Unibank | 10 December 1992 | Eldar Garibov | | unibank.az | |
| “Yapi Kredi Bank Azerbaijan” CJSC | YapıKredi Bank | 11 January 2000 | Yapı ve Kredi A.Ş. |  | yapikredi.com.az | |
| “Ziraat Bank Azerbaijan” OJSC | Ziraat Bank | 30 December 2014 | T.C. Ziraat Bankası A.Ş. | | ziraatbank.az | |
| Foreign bank branch | ||||||
| "Bank Melli Iran" (Baku Branch) | BMI Baku | 29 January 1993 | Bank Melli Iran |  | bmibaku.az | |
| "National Bank of Pakistan" (Baku Branch) | NBP Baku | 30 June 2005 | National Bank of Pakistan |  | nbp.az | |