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    Compensation of 5 mln. AZN paid to depositors of 4 banks eliminated last month

    Azerbaijan Deposit Insurance Fund says

    Baku. 3 August. REPORT.AZ/ Azerbaijan Deposit Insurance Fund (ADIF) continues payment of compensation to depositors of 4 commercial banks eliminated by the Financial Markets Control Chamber.

    Report informs referring to ADIF, "Parabank" depositors were paid 2 273 767 AZN, "Zaminbank" depositors 1 847 792 AZN, "KredoBank" depositors 397 928 AZN, "Dekabank" depositors 440 355 AZN. In total, 4 959 842 AZN was paid for closed 4 banks.

    According to the information, in order to get compensation, depositors of "Dekabank", "Kredobank" and "Zaminbank" must apply to the head office of the banks, “Parabank” depositors should go to the bank 's branch where they have signed a contract. 

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