---
title: "Azerbaijan: financial institutions, SWIFT/BIC codes and licences | Elucidate"
description: "39 institutions in Azerbaijan (as at 23 September 2026): 39 hold a SWIFT/BIC code and 0 do not."
url: https://elucidate.co/directory/country/az
---

1.  [Directory](https://elucidate.co/directory)
2.  [Countries](https://elucidate.co/directory/country)
3.  Azerbaijan

Country · Europe & Central Asia

# Azerbaijan

Check who the institutions in Azerbaijan are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Azerbaijan, so every institution listed here holds a BIC.

39

Institutions

Active · inactive not published

39

Hold a BIC

100% of institutions

—

On a tracked register

Not covered by a tracked register

23

LEI mapped

59% of institutions

41

BIC codes

Head offices and 3 branch codes

### Azerbaijan at a glance

Every row is the same 39 institutions, split by one attribute

Type

-   Financial institution 38 · 97%
-   Non-financial corporate 1 · 2.6%

Identification

-   [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=AZ) 39 · 100%

Regulation level

-   [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=AZ) 39 · 100%

LEI

-   LEI mapped 23 · 59%
-   No LEI mapped 16 · 41%

View as table

| Attribute | Institutions | Share |
| --- | --- | --- |
| Type |
| Financial institution | 38 | 97% |
| Non-financial corporate | 1 | 2.6% |
| Identification |
| BIC only | 39 | 100% |
| Regulation level |
| Not on a tracked register | 39 | 100% |
| LEI |
| LEI mapped | 23 | 59% |
| No LEI mapped | 16 | 41% |

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

BIC data as at 23 September 2026

[Institutions](https://elucidate.co/directory/country/az#institutions) [Sanctions](https://elucidate.co/directory/country/az#sanctions) [Regulation](https://elucidate.co/directory/country/az#registers) [Groups](https://elucidate.co/directory/country/az#groups) [Payments](https://elucidate.co/directory/country/az#payments) [BIC codes](https://elucidate.co/directory/country/az#bics)

## Institutions in Azerbaijan

The first 25 of 39 institutions in Azerbaijan, with or without a BIC: prudentially supervised and larger institutions first.

-   [Central Bank of the Republic of Azerbaijan BIC NABZAZ2C Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/central-bank-of-the-republic-of-azerbaijan-nabzaz2c)
-   [Rabitabank Open Joint Stock Company BIC RBTAAZ21 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/rabitabank-open-joint-stock-company-rbtaaz21)
-   [Samsung Electronics Caucasus Company BIC SECTAZ22 Non-financial corporate Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/samsung-electronics-caucasus-company-sectaz22)
-   ['aqrarkredit' CJSC Nbco BIC ACJTAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/aqrarkredit-cjsc-nbco-acjtaz22)
-   ['bank Respublika' Open Joint Stock Company BIC BRESAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 254900LMO0IXGYX3FW12](https://elucidate.co/directory/bank-respublika-open-joint-stock-company-bresaz22)
-   ['yelo Bank' OJSC BIC NICBAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 254900MXK485VHW2KD07](https://elucidate.co/directory/yelo-bank-ojsc-nicbaz22)
-   [Accessbank CJSC BIC ACABAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 2534002K28P0AJGQJZ40](https://elucidate.co/directory/accessbank-cjsc-acabaz22)
-   [Afb Bank OJSC BIC AZFIAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/afb-bank-ojsc-azfiaz22)
-   [Azer-Turk Bank OJSC BIC AZRTAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 529900IT6W2EZ3SKN373](https://elucidate.co/directory/azer-turk-bank-ojsc-azrtaz22)
-   [Azerbaijan Industry Bank OJSC BIC CAPNAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 894500J9CD9VJXDBWS55](https://elucidate.co/directory/azerbaijan-industry-bank-ojsc-capnaz22)
-   [Azerpost Limited Liability Company BIC AZPOAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/azerpost-limited-liability-company-azpoaz22)
-   [Bank Btb OJSC BIC BBTBAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 254900G70GHNPZO5TF92](https://elucidate.co/directory/bank-btb-ojsc-bbtbaz22)
-   [Bank Melli Iran, Baku Branch BIC MELIAZ21 Financial institution Not on a tracked register OFAC SDN · Azerbaijan · Not on a tracked register · LEI 549300DK3GGPVDIPPV39](https://elucidate.co/directory/bank-melli-iran-baku-branch-meliaz21)
-   [Bank of Baku Open Joint Stock Company BIC JBBKAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 213800KV5KMVMN5HCC92](https://elucidate.co/directory/bank-of-baku-open-joint-stock-company-jbbkaz22)
-   [Capitalbank BIC CAPKAZ21 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/capitalbank-capkaz21)
-   [Central Bank of the Republic of Azerbaijan BIC NABZAZ2X Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 549300P74FF45UQVU281](https://elucidate.co/directory/central-bank-of-the-republic-of-azerbaijan-nabzaz2x)
-   [Eurasia Bank BIC AVRAAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/eurasia-bank-avraaz22)
-   [Expressbank Open Joint Stock Company BIC AZENAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 254900L26S2VPJHHT179](https://elucidate.co/directory/expressbank-open-joint-stock-company-azenaz22)
-   [Goldenpay OJSC BIC GOOJAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/goldenpay-ojsc-goojaz22)
-   [Kapital Bank Open Joint Stock Company BIC AIIBAZ2X Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 5299002VV7U9J9VYOD44](https://elucidate.co/directory/kapital-bank-open-joint-stock-company-aiibaz2x)
-   [Modenis Limited Liability Company BIC MLCYAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 254900QOHHZGWU9GO315](https://elucidate.co/directory/modenis-limited-liability-company-mlcyaz22)
-   [Mpay CJSC BIC MPCJAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/mpay-cjsc-mpcjaz22)
-   [National Depository Center of the Republic of Azerbaijan BIC ANDCAZ22 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · LEI 213800BNX9QP1G5HBQ10](https://elucidate.co/directory/national-depository-center-of-the-republic-of-azerbaijan-andcaz22)
-   [OJSC Vtb Bank (Azerbaijan) BIC VTBAAZ22 Financial institution Not on a tracked register OFAC SDN · Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/ojsc-vtb-bank-azerbaijan-vtbaaz22)
-   [Para Non-Bank Credit Organization Open Joint Stock Company BIC PAAAAZ21 Financial institution Not on a tracked register Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/para-non-bank-credit-organization-open-joint-stock-company-paaaaz21)

[See all 39 institutions in Azerbaijan →](https://elucidate.co/directory/search?cc=AZ)

## Sanctions

The OFAC or EU lists cite 2 institutions in Azerbaijan by BIC or LEI, as at 23 September 2026. Listings are matched on the BIC and its LEI, so they cover the 39 institutions here that hold a BIC.

### Listed institutions

Institutions whose BIC or LEI an OFAC or EU listing cites

-   [Bank Melli Iran, Baku Branch BIC MELIAZ21 Financial institution Not on a tracked register OFAC SDN · Azerbaijan · Not on a tracked register · LEI 549300DK3GGPVDIPPV39](https://elucidate.co/directory/bank-melli-iran-baku-branch-meliaz21#sanctions)
-   [OJSC Vtb Bank (Azerbaijan) BIC VTBAAZ22 Financial institution Not on a tracked register OFAC SDN · Azerbaijan · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/ojsc-vtb-bank-azerbaijan-vtbaaz22#sanctions)

[See all 2 listed institutions →](https://elucidate.co/directory/search?cc=AZ&flag=sanctioned)

## Regulation and supervision

None of the 22 tracked registers covers Azerbaijan. All 39 institutions listed here hold a BIC; firms licensed only by Azerbaijan’s national authorities are not listed.

## Groups and systemic importance

GLEIF records the head office of 1 corporate group in the directory here. For 1 institution here, GLEIF records a parent in another country.

### Largest other groups

GLEIF consolidation groups, by legal entities (LEIs) in this country

| Group | LEIs here | LEIs in the group |
| --- | --- | --- |
| [Türkiye Cumhuriyeti Ziraat Bankasi Anonim Şirketi](https://elucidate.co/directory/group/213800K5KTZFSUS8MR51) | 1 | 10 |
| [The International Bank of Azerbaijan](https://elucidate.co/directory/group/549300Y3ZQ0BCCDJGI40) | 1 | 2 |

### Groups headquartered here

Largest of 1, by legal entities in the directory

| Group | LEIs in the directory |
| --- | --- |
| [The International Bank of Azerbaijan](https://elucidate.co/directory/group/549300Y3ZQ0BCCDJGI40) | 2 |

[See all corporate groups →](https://elucidate.co/directory/group)

### Parents abroad

Institutions here by the country of their GLEIF ultimate parent (else direct parent)

-   [Türkiye](https://elucidate.co/directory/country/tr) 1

GLEIF parents are accounting-consolidation relationships. They do not show ownership shares or control.

## Payments and connectivity

Of the 39 institutions in Azerbaijan that hold a BIC, 10.3% are connected to Swift and 12 are Swift GPI members, as at 23 September 2026.

### Connection to Swift

Institutions that hold a BIC, by connection type in Swift’s directory

-   Connected to Swift4 · 10.3%
-   Reverse billing30 · 76.9%
-   Passive participant (no connection)5 · 12.8%

A BIC does not imply a connection to the Swift network.

### Payment schemes

Institutions that hold a BIC, reachable in each scheme

- **Swift GPI members:** 12 institutions
- **Swift GPI members, live:** 9 institutions

[See all 12 Swift GPI members →](https://elucidate.co/directory/search?cc=AZ&flag=gpi)

## All BIC codes in Azerbaijan

Look up any of the 41 BIC codes registered in Azerbaijan: the head offices and branch codes of the 39 institutions here that hold a BIC, with their LEIs and flags.

[Download the list (JSON)](https://elucidate.co/data/banks/countries/AZ.json)

## Other countries in Europe & Central Asia

The directory has pages for 59 other countries and territories in Europe & Central Asia.

[Albania](https://elucidate.co/directory/country/al) [Andorra](https://elucidate.co/directory/country/ad) [Armenia](https://elucidate.co/directory/country/am) [Austria](https://elucidate.co/directory/country/at) [Belarus](https://elucidate.co/directory/country/by) [Belgium](https://elucidate.co/directory/country/be) [Bosnia & Herzegovina](https://elucidate.co/directory/country/ba) [Bulgaria](https://elucidate.co/directory/country/bg) [Croatia](https://elucidate.co/directory/country/hr) [Cyprus](https://elucidate.co/directory/country/cy) [Czechia](https://elucidate.co/directory/country/cz) [Denmark](https://elucidate.co/directory/country/dk) [Estonia](https://elucidate.co/directory/country/ee) [Faroe Islands](https://elucidate.co/directory/country/fo) [Finland](https://elucidate.co/directory/country/fi) [France](https://elucidate.co/directory/country/fr) [Georgia](https://elucidate.co/directory/country/ge) [Germany](https://elucidate.co/directory/country/de) [Gibraltar](https://elucidate.co/directory/country/gi) [Greece](https://elucidate.co/directory/country/gr) [Greenland](https://elucidate.co/directory/country/gl) [Guernsey](https://elucidate.co/directory/country/gg) [Hungary](https://elucidate.co/directory/country/hu) [Iceland](https://elucidate.co/directory/country/is) [Ireland](https://elucidate.co/directory/country/ie) [Isle of Man](https://elucidate.co/directory/country/im) [Italy](https://elucidate.co/directory/country/it) [Jersey](https://elucidate.co/directory/country/je) [Kazakhstan](https://elucidate.co/directory/country/kz) [Kosovo](https://elucidate.co/directory/country/xk) [Kyrgyzstan](https://elucidate.co/directory/country/kg) [Latvia](https://elucidate.co/directory/country/lv) [Liechtenstein](https://elucidate.co/directory/country/li) [Lithuania](https://elucidate.co/directory/country/lt) [Luxembourg](https://elucidate.co/directory/country/lu) [Moldova](https://elucidate.co/directory/country/md) [Monaco](https://elucidate.co/directory/country/mc) [Montenegro](https://elucidate.co/directory/country/me) [Netherlands](https://elucidate.co/directory/country/nl) [North Macedonia](https://elucidate.co/directory/country/mk) [Norway](https://elucidate.co/directory/country/no) [Poland](https://elucidate.co/directory/country/pl) [Portugal](https://elucidate.co/directory/country/pt) [Romania](https://elucidate.co/directory/country/ro) [Russia](https://elucidate.co/directory/country/ru) [San Marino](https://elucidate.co/directory/country/sm) [Serbia](https://elucidate.co/directory/country/rs) [Slovakia](https://elucidate.co/directory/country/sk) [Slovenia](https://elucidate.co/directory/country/si) [Spain](https://elucidate.co/directory/country/es) [Sweden](https://elucidate.co/directory/country/se) [Switzerland](https://elucidate.co/directory/country/ch) [Tajikistan](https://elucidate.co/directory/country/tj) [Türkiye](https://elucidate.co/directory/country/tr) [Turkmenistan](https://elucidate.co/directory/country/tm) [Ukraine](https://elucidate.co/directory/country/ua) [United Kingdom](https://elucidate.co/directory/country/gb) [Uzbekistan](https://elucidate.co/directory/country/uz) [Vatican City](https://elucidate.co/directory/country/va)

Sources & method

Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page.

Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists.

[Read the methodology →](https://elucidate.co/directory/methodology)

Sources for this page

-   **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026
-   **OFAC SDN and consolidated lists**—US Treasury · [source ↗](https://ofac.treasury.gov/sanctions-list-service) published 23 September 2026
-   **EU consolidated financial sanctions list**—European Commission generated 22 September 2026
-   **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026

## Assess the financial crime risk behind a counterparty

A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings).

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.