Depositors of 10 closed banks in Azerbaijan were paid 725,712 mln AZN

Depositors of 10 closed banks in Azerbaijan were paid 725,712 mln AZN Azerbaijan Deposit Insurance Fund (ADIF) reported
Finance
February 24, 2017 17:34
Depositors of 10 closed banks in Azerbaijan were paid 725,712 mln AZN

Baku. 24 February. REPORT.AZ/ Azerbaijan Deposit Insurance Fund (ADIF) continues payment of compensation to the insured depositors of 10 commercial banks licenses have been cancelled last year.

Report informs referring to the ADIF, currently the total amount of compensation to these banks adds up to 725,712 million AZN.

So, investors of Parabank OJSC were paid 43,175 million manat, Zaminbank – 54,362 million manat, Kredobank - 27,771 million manat, Dekabank - 3,086 million manat, Atrabank - 14,275 million manat, Caucasian Development Bank - 1,974 mln. manat, Bank of Azerbaijan - 24,161 million manat, Gencebank - 976 thousand manat, Texnikabank - 120,433 mln. manat, Bank Standard CJSC – 435,489 mln. manat.

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