Depositors of 10 closed banks in Azerbaijan were paid 711,6 million AZN

Depositors of 10 closed banks in Azerbaijan were paid 711,6 million AZN Azerbaijan Deposit Insurance Fund (ADIF) reported
Finance
November 26, 2016 14:47
Depositors of 10 closed banks in Azerbaijan were paid 711,6 million AZN

Baku. 26 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 711,557 million AZN.

So, investors of Parabank OJSC were paid 42,868 million manat, Zaminbank – 52,334 million manat, Kredobank – 27,192 million manat, Dekabank - 3,021 million manat, Atrabank - 14,218 million manat, Caucasian Development Bank - 1,928 mln. manat, Bank of Azerbaijan - 24,147 million manat, Gencebank - 975 thousand manat, Texnikabank - 120,081 mln. manat, Bank Standard CJSC - 424,791 mln. manat.

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