# Xalq Bank Azerbaijan

> Source: https://docs.barcoder.ai/docs/wallets/xalq-bank-az
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Xalq — official](https://www.xalqbank.az/)

## Key details

- **Parent:** assets

## Overview

**Xalq Bank Azerbaijan** is **Azerbaijani commercial bank** + **one of Azerbaijan's largest commercial banks by assets** + **founded Mar 22 2004 in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank** <sup>[1][1], [Azerbaijan report](https://docs.barcoder.ai/docs/payments/AZ)</sup>.

## History

**Mar 22 2004 — Xalq Bank ASC founded in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank** distinctive Azerbaijani banking heritage.

**2014 — Xalq Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Xalq Bank ASC** (Azerbaijani commercial bank).

**Major shareholders**: **Azerbaijani retail + institutional + foreign investors**.

**Regulators**: **Central Bank of Azerbaijan CBA**.

## Technical integration

Xalq Mobile app (iOS + Android) + xalqbank.az online + Xalq Bank branch network across Azerbaijan + Xalq Visa + Mastercard cards; EMVCo QRCPS QR payments + Azerbaijani Manat AZN domestic transfers.

## Implementations & partners

**Major Azerbaijani banking + payments competitors**: [Kapital Bank Azerbaijan + Birbank](https://docs.barcoder.ai/docs/wallets/kapital-bank-az) (Kapital Bank OJSC; Azerbaijani commercial bank) + [Pasha Bank (Azerbaijan)](https://docs.barcoder.ai/docs/wallets/pasha-bank) (Pasha Bank OJSC; Azerbaijani commercial bank; PASHA Holding Aliyev family Azerbaijan ruling family parent ~100%+ controlling) + [Muganbank Azerbaijan](https://docs.barcoder.ai/docs/wallets/muganbank) (Muganbank Azerbaijan; Azerbaijani commercial bank) + [Yapı Kredi Bank Azerbaijan](https://docs.barcoder.ai/docs/wallets/yapi-kredi-az) (Yapı Kredi Azerbaijan; Yapı Kredi Bankası Turkish parent BIST: YKBNK Azerbaijani subsidiary).

**Regulators**: Central Bank of Azerbaijan CBA.

## Status

**Active, Azerbaijani commercial bank + one of Azerbaijan's largest commercial banks by assets + founded Mar 22 2004 in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.xalqbank.az/ "Xalq — official"
[2]: https://en.wikipedia.org/wiki/Xalq_Bank "Xalq — Wikipedia"
[az-cro]: https://docs.barcoder.ai/docs/payments/AZ

- [1] [Xalq — official][1]
- [2] [Xalq — Wikipedia][2]
- <sup>[Azerbaijan report](https://docs.barcoder.ai/docs/payments/AZ)</sup> In-corpus: `reports/countries/AZ-azerbaijan.md`

## Source

Biography extracted from [xalq-bank-az.md](https://docs.barcoder.ai/source/wallets/xalq-bank-az). See `matrix.md` for standards-support matrix if present.