OREANDA-NEWS. July 19, 2011. The experts of the Center for Economic Analysis, "RIA-Analytics" conducted a study of the banking system of the CIS countries (including Georgia, which in 2009 withdrew from the CIS), reported the press-centre of IBA.

In accordance with 1news.az with reference to the Center of Economic Research "RIA-Analytics" the analysis was performed on the basis of official data of the bank statistics and statements of banks from public sources.

As a result an assessment of non-consolidated assets of banks as of January 1, 2011 was carried out. Based on these estimates a list of the 100 largest banks in the CIS and Georgia was compiled in terms of assets on January 1, 2011.

In all, the rating included banks from 7 countries: Russia, Ukraine, Kazakhstan, Belarus, Azerbaijan, Georgia and Uzbekistan. The other 5 countries of the CIS (Armenia, Kyrgyzstan, Moldova, Tajikistan and Turkmenistan), according to the "RIA-Analytics" experts, do not have any banks with sufficient assets to enter the rating.

The Russian banks have taken the first 8 lines of the rating, the 9th place belongs to the stock savings bank "Belarusbank". The greatest representation in the ranking has Russia - 69 out of 100 banks included in the rating are registered in the Russian Federation. Total aggregate assets of the Russian banks in the rating totalled \\$ 874 billion, representing more than 80% of the total assets of the banks in the rating.

A Bank of Azerbaijan has entered a list of the 50 largest banks in the CIS – the International Bank of Azerbaijan, which took the 33rd place in the ranking.

"Other banks from this country were not included in the rating, although some of them were pretty close to it. Given the very strong positive trend of assets among all the countries represented in the rankings, it is likely that in the subsequent years, Azerbaijan will be presented by a larger number of banks in the rating of the 100 largest banks in the CIS ", - says the statement.

We would like to note that the total assets of the banks represented in the rating only slightly exceed USD 1 trillion, which by world standards is a low rate. Thus, only assets of the Bank of America are equal to USD 2.3 trillion, and the total assets of 10 largest U.S. bank holding companies make up more than USD 11 trillion. As of 2010, the assets of the banks represented in the rating in U.S. dollar terms increased by 15%. In all, in 2010, among the 100 largest banks in the CIS in 78 banks an increase in assets was observed, while in 22 – a decline.