Azerbaijan-based 14 closed banks’ tax debt totaled AZN 11.2M

Finance

31 May, 2020
06:53

Azerbaijan-based 14 closed banks’ tax debt totaled AZN 11.2M

Report

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Tax debt of 14 banks shut down during 2011-2020 in Azerbaijan amounts to AZN 11.2 million, Report informs, citing Ministry of Taxes.

The highest amount of debt was recorded in Bank Technique (AZN 5.3 million), which was closed in 2016, and the lowest amount – in Royal Bank (AZN 2,900) that was closed in 2012.

№	Banks	Amount of debt (AZN)	Year of closure
1	"Royal Bank"	2,852.92	2012
2	"Deka Bank"	7,973.51	2016
3	"Ganja Bank"	13,735.93	2016
4	"Eurobank"	26,313.05	2015
5	"Amrah Bank"	41,117.66	2020
6	"Bank of Azerbaijan"	49,337.38	2016
7	"Kredo Bank"	78,017.73	2016
8	"Birlik Bank"	95,580.57	2011
9	"AGBank"	149,122.17	2020
10	"NBC Bank"	362,990.43	2020
11	"Zamin Bank"	491,550.97	2016
12	"Demir Bank"	1,115,653.98	2017
13	"Bank Standard"	3,487,741.44	2016
14	"Bank Technique"	5,287,815.39	2016
Total debt:	11,209,803.13