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    Depositors of 10 closed banks in Azerbaijan were paid 699 million AZN

    Azerbaijan Deposit Insurance Fund (ADIF) reported

    Baku. 17 November. REPORT.AZ/ Azerbaijan Deposit Insurance Fund (ADIF) continues payment of compensation to the insured depositors of 10 commercial banks licenses have been cancelled this year.

    Report informs referring to the ADIF, currently the total amount of compensation to these banks adds up to 698,89 million AZN.

    So, investors of Parabank OJSC were paid 42,81 million manat, Zaminbank – 52,256 million manat, Kredobank – 27,005 million manat, Dekabank - 3,021 million manat, Atrabank - 14,193 million manat, Caucasian Development Bank - 1.88 mln. manat, Bank of Azerbaijan - 24,147 million manat, Gencebank - 975 thousand manat, Texnikabank - 120,08 mln. manat, Bank Standard CJSC - 412,517 mln. manat.

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