Payments are being carried out at the branches of those closed banks.
As of Aug. 8, depositors of Parabank and Zaminbank received 10.6 and 10.5 million manats out of the total compensations of 43.79 million manats and 36.35 million manats, respectively.
The compensations paid to Dekabank’s depositors amounted to more than 1.5 million manats out of the payments’ total volume of 5.59 million manats.
Kredobank’s depositors received compensations worth almost 2.7 million manats out of the compensations’ total volume of 30.21 million manats.
The licenses of DekaBank, KredoBank, Parabank and Zaminbank were cancelled in accordance with the decision of the Financial Market Supervisory Body, dated July 21, 2016.
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