Azad Javadov: Periodically replenished deposits will be recorded

Provisions of Deposit Insurance Fund made 40 mln AZN

Baku. 3 March. REPORT.AZ/ From March 2 all deposits placed in commercial banks of Azerbaijan are fully insured.Report informs, Executive Director of the Azerbaijan Deposit Insurance Fund (ADIF)Azad Javadov said that to journalists.

A. Javadov noted that the presidential decree on the full deposit insurance will remain in force for three years: "The decree is valid until March 2019".

Director of ADIF added that, periodically replenished deposits will be recorded: "To date, depositors of closed banks were paid 93 mln AZN. Fund reserves totaled 40 mln AZN".

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