Azad Javadov: "Closed banks themselves will be able to return non-insured savings"
Finance
- 29 July, 2016
- 09:10
Baku. 29 July. REPORT.AZ/ The amount of the non-insured deposits in 4 commercial banks -"Parabank", "Zaminbank", "Kredobank" and "Dekabank" OJSCs, suspended by the Financial Markets Control Chamber is 40 million AZN. Report informs, Executive Director of the Azerbaijani Deposit Insurance Fund, Azad Javadov said at today’s press conference.
According to him, the banks have enough opportunities to return the funds to the owners.
A. Javadov has also commented on the amount of total liabilities of these banks: "This figure is still exactly unknown for us as a liquidator. According to the court decision, total liabilities of these banks, including funds borrowed from abroad will be known soon."
Latest News
14:12
Azerbaijan PM meets Astrakhan governor to discuss bilateral cooperation
Foreign policy14:05
Polish student arrested on suspicion of planning terror attack on Christmas market
Other countries13:50
Mavericks' Cooper Flagg youngest in NBA history to score 40
Team sports13:36
Brent crude falls below $60 per barrel for first time since May
Energy13:29
Azerbaijan, Israel discuss development of economic cooperation
Business13:21
ITUC chief praises Azerbaijan's labor protection efforts
Foreign policy13:09
Minister: SOCAR exploring investment opportunities in construction of oil pipeline in Pakistan
Energy13:09
People of Uzbekistan 'also proud of Azerbaijan's Karabakh victory,' Uzbek representative says
Domestic policy13:02