Azerbaijan reduces fees of Deposit Insurance Fund member-banks

  19 January 2016    Read: 1300
Azerbaijan reduces fees of Deposit Insurance Fund member-banks
Azerbaijan has reduced the additional fees paid by the Deposit Insurance Fund member-banks up to 0.1 percent.
This is envisaged in the changes to the law "On deposit insurance", adopted in the Azerbaijani parliament Jan. 19.

The additional fees are paid by the banks along with the calendar fees if the fund borrows for the payment of compensation till the fund fulfills its obligations.

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