Insurance accident occurred in Bank Technique - DIF

  05 February 2016    Read: 1536
 Insurance accident occurred in Bank Technique - DIF
A moratorium has been established opn the operations of Bank Technique OJSC, Azerbaijan Deposits Insurance Fund reports citing to letter submitted by the Central Bank of Azerbaijan on February 4, 2016.
DIF told that the date of February 4, 2016 is a day when the insurance accident occurred in the Bank Technique.

According to the article #28.1 of the law on Deposit Insurance, the depositors will be given additional information about agent banks and date and place for payment of compensation within the seven days.

The Fund guarantees that 100% of insured deposits up to AZN 30,000 will be compensated. The deposits over AZN 30,000 will be repaid by the liquidator in accordance with the law

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