Yapı Kredi Bank Azərbaycan

What Yapı Kredi Bank Azərbaycan does

Yapı Kredi Bank Azərbaycan (legal entity: Yapı Kredi Bank Azerbaijan QSC / CJSC) is a full-service commercial bank operating exclusively in the Republic of Azerbaijan under License No. 243 issued by the Central Bank of the Republic of Azerbaijan. The entity is a wholly-owned subsidiary of Yapı ve Kredi Bankası A.Ş., a publicly listed Turkish bank (Borsa İstanbul ticker: YKBNK), which in turn sits within the Koç Holding conglomerate. The bank is headquartered in Baku (73G Jalil Mammadguluzade Street, Nasimi District) and operates a domestic-only footprint with no disclosed geographic expansion beyond Azerbaijan.

The bank's product platform spans retail and corporate banking: consumer cash loans, auto loans, mortgage loans, deposits, current accounts, money transfers, safe deposit box rentals, and a proprietary credit/debit card sub-brand called Worldcard offered in four tiers (Classic, Gold, Platinum, Business). It delivers services through a multi-channel architecture that the bank brands as Sərhədsiz Bankçılıq ("Borderless Banking"), comprising a 47+ branch and ATM network with multi-language support (Azerbaijani, Russian, English), an Internet Banking web platform (intbank.yapikredi.com.az), a cross-platform Mobile Banking application (YapıKrediAZE for iOS, Android, and Windows) with 600+ available transactions, and a 24/7 telephone banking call center (*0444) with IVR smart response. Corporate clients additionally access ERP integration and bulk transfer capabilities through Corporate Internet Banking.

The revenue model is a standard commercial banking stack: primary income from net interest on consumer, mortgage, and auto lending and credit card balances; secondary fee and commission income from ATM withdrawals (0.6% AZN / 0.8% foreign currency), wire transfers, international remittances via Western Union, card annual fees (10-70 AZN), POS terminal rental (15-40 AZN/month), safe deposit box rental (125-188 AZN per 3 months), and FX spread. The bank augments its own channels by integrating with national payment portals (Hesab.az, E-Pul.az, MilliÖn, E-Manat, MPAY) and the Azerpoçt postal network for credit card and loan repayment, and operates a merchant acquiring franchise through its POS terminal services.

Name

Yapı Kredi Bank Azərbaycan

Legal name

Yapı Kredi Bank Azerbaijan QSC

Website

https://yapikredi.com.az

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Yapı Kredi Bank Azərbaycan is a full-service commercial bank in Azerbaijan, wholly owned by Turkish Yapı Kredi (Koç Holding), serving retail and corporate customers through branches, ATMs, internet and mobile banking, and a national payment partner network.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Credit Card Issuing (52221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• Retail banking services
• Corporate banking services
• Consumer lending products
• Deposit and savings accounts
• Digital banking platform

Headquarters

HQ city

Baku

HQ country

Azerbaijan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Revenue from interest charged on consumer loans, mortgages, auto loans, and credit card lending
2. Transaction and Commission Fees: Fees from wire transfers, ATM withdrawals (0.6% AZN, 0.8% foreign currency), account statements, and various banking operations
3. Card Fees: Annual membership fees for credit cards (Worldcard Classic 10 AZN, Gold 25 AZN, Platinum 70 AZN, Business 50 AZN), cash advance fees, and installment processing fees
4. POS Terminal Services: Monthly service fees for POS terminals for merchants (15-40 AZN for World POS, 10-30 AZN for non-World POS depending on volume)
5. Safe Deposit Box Rental: Rental fees for bank safes in two sizes (small 125 AZN/3mo, large 188 AZN/3mo) with mandatory deposit requirements
6. Foreign Exchange Services: Revenue from currency exchange operations and forex transaction spreads

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels4 records

Core offering

Yapı Kredi Bank Azərbaycan is a full-service commercial bank offering retail and corporate banking products including consumer and corporate loans, deposits, current accounts, credit cards under the Worldcard sub-brand, money transfers, POS terminal services, safe deposit boxes, and merchant payment solutions. Services are delivered via physical branches, an ATM network, internet banking, mobile banking applications, and a 24/7 telephone banking call center across Azerbaijan.

Product overview

Yapı Kredi Bank Azərbaycan operates as a full-service commercial bank offering a unified platform of retail, business, and digital banking services. The core product portfolio spans consumer and corporate lending (Kreditlər), deposit products (Əmanətlər), card services under the Worldcard sub-brand, current accounts (Cari Hesab), cash operations (Nağd Pul Əməliyyatları), and money transfers. The bank delivers its services through multiple integrated channels: Internet Banking (web platform), Mobile Banking (iOS/Android/Windows app branded YapıKrediAZE), Telephone Banking (*0444 Call Center with IVR), and an ATM network — collectively branded as Sərhədsiz Bankçılıq (Borderless Banking). Additional offerings include POS terminal services for merchants, bank safe rentals, and specialized tools such as loan and currency calculators. The bank's digital channels integrate with third-party payment networks including Western Union, Hesab.az, E-Pul.az, MilliÖn, E-Manat, MPAY, and Azərpoçt, while corporate clients can access ERP integration through the corporate banking platform.

Differentiator

Problem solved

Functional benefit

Brands

• Worldcard: Credit card and payment card brand of Yapı Kredi Bank Azerbaijan, offering World Classic, World Gold, World Platinum, and World Business card products.

Products and services

• Fərdi Bankçılıq (Individual Banking)
• Korporativ Bankçılıq (Corporate Banking)
• Worldcard
• İnternet Bankçılıq (Internet Banking)
• Mobil Bankçılıq (Mobile Banking)
• Yapı Kredi Telefon Mərkəzi (*0444)
• Kreditlər (Loans/Credits)
• Əmanətlər (Deposits)
• Bank Seyfləri (Bank Safes / Safe Deposit Boxes)
• POS Terminal Xidmətləri (POS Terminal Services)
• Cari Hesab (Current Account)
• Nağd Pul Əməliyyatları (Cash Operations)
• ATM (Bankomat)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• Hesab.azcoreChannel Partner/ Reseller/ DistributorOnline payment portal partnership allowing customers to pay credit card and loan debts through hesab.az platform using card number and ID FIN code. Commission applies at payment stage.
• E-Pul.azcoreChannel Partner/ Reseller/ DistributorNational internet payment portal for credit card and loan debt payments through E-Pul.az with card number and FIN code authentication.
• MilliÖncoreChannel Partner/ Reseller/ DistributorTerminal network for credit card payments, loan payments, and current account deposits. Accepts card/account numbers with FIN code verification.
• E-ManatcoreChannel Partner/ Reseller/ DistributorTerminal payment services for Worldcard credit card payments, loan payments, and current account deposits with FIN code authentication.
• MPAYcoreChannel Partner/ Reseller/ DistributorTerminal payment services for credit card payments, loan payments, and current account deposits with FIN code verification.
• AzerpoçtcoreChannel Partner/ Reseller/ DistributorNational postal service partnership for credit card and loan payments at all Azerpoçt branches and online branches throughout Azerbaijan. Payments accepted in AZN only with no additional commission.
• Western UnioncoreTechnology or IntegrationInternational money transfer services through Western Union network for cross-border remittances.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kapital Bank: Azerbaijan's largest retail bank by branch count and customer base, offering consumer loans, deposits, and card products. Directly comparable to Yapı Kredi as a full-service commercial bank targeting both retail and SME segments in the same Azerbaijani market.
• Bank Respublika: Azerbaijani universal bank offering retail deposits, consumer lending, and corporate banking services. Operates in the same competitive set as Yapı Kredi with overlapping branch network and digital channels.
• PASHA Bank: A leading Azerbaijani commercial bank with strong corporate and investment banking franchises plus growing retail operations. Comparable to Yapı Kredi's dual retail/corporate banking model within the same regulatory jurisdiction.
• Garanti Bank Azerbaijan (GarantiBank): Azerbaijani subsidiary of Turkey's Garanti BBVA, offering retail deposits, consumer loans, mortgages, and corporate banking. Most directly comparable to Yapı Kredi as a competing Turkish-bank subsidiary with similar product portfolio and target segments.
• AccessBank Azerbaijan: Azerbaijan's leading microfinance and SME-focused bank, providing consumer and small business loans with deposit products. Comparable to Yapı Kredi on the SME lending and deposit-gathering side of the business.
• Bank of Baku: Azerbaijani commercial bank providing consumer loans, credit cards, deposits, and SME banking. Operates as a direct competitor to Yapı Kredi in retail lending and card products within Azerbaijan.
• Ziraat Bank Azerbaijan: Subsidiary of Turkey's Ziraat Bankası (state-owned) operating in Azerbaijan with retail and corporate banking products. Closely comparable as another Turkish-bank subsidiary competing in the same Azerbaijani retail and corporate banking market.

Broad incumbents

• Yapı ve Kredi Bankası A.Ş. (Turkey parent): The publicly-listed Turkish parent bank (BIST: YKBNK), one of Turkey's largest private commercial banks. Comparable as the operating parent providing capital, technology, and strategic direction, though serving the larger Turkish market rather than Azerbaijan specifically.

Regional players

• Halyk Bank (Kazakhstan): Kazakhstan's largest universal bank with retail, SME, and corporate banking plus a developed mobile platform. Comparable as a regional CIS peer operating a full-service commercial bank with strong branch and digital distribution, though in a different national market.
• TBC Bank (Georgia): Leading Georgian commercial bank with strong digital banking franchise serving retail and corporate customers in the Caucasus region. Comparable as a regional post-Soviet banking peer with similar digital and SME banking focus, though serving a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@YapiKrediBankAzerbaijan
• Facebookfacebook.com/YapiKrediAZ
• LinkedInlinkedin.com/company/yapi-kredi-bank-azerbaijan
• Instagraminstagram.com/yapikredi.az
• TikToktiktok.com/@yapikredi_az

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yapı Kredi Bank Azərbaycan