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    Depositors of 10 private banks in Azerbaijan were paid 624 million AZN

    Azerbaijan Deposit Insurance Fund (ADIF) reported

    Baku. 27 October. 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 623,736 million AZN.

    So, investors of Parabank OJSC were paid 34,582 million manat, Zaminbank – 51,026 million manat, Kredobank – 26,136 million manat, Dekabank - 2,858 million manat, Atrabank – 14,14 million manat, Caucasian Development Bank - 1.876 mln. manat, Bank of Azerbaijan - 24,117 million manat, Gencebank - 969 thousand manat, Texnikabank - 119,978 mln. manat, Bank Standard CJSC – 348,048 mln. manat.

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