Depositors of 10 closed banks in Azerbaijan were paid 714 million AZN

Depositors of 10 closed banks in Azerbaijan were paid 714 million AZN Azerbaijan Deposit Insurance Fund (ADIF) reported
Finance
December 8, 2016 10:30
Depositors of 10 closed banks in Azerbaijan were paid 714 million AZN

Baku. 8 December. 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 713,795 million AZN.

So, investors of Parabank OJSC were paid 42,902 million manat, Zaminbank – 52,38 million manat, Kredobank – 27,192 million manat, Dekabank - 3,021 million manat, Atrabank - 14,258 million manat, Caucasian Development Bank - 1,943 mln. manat, Bank of Azerbaijan - 24,148 million manat, Gencebank - 975 thousand manat, Texnikabank - 120,050 mln. manat, Bank Standard CJSC - 426,926 mln. manat.

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