ADIF pays nearly AZN 240M in compensation to nine closed banks’ customers

  08 September 2016    Read: 1151
ADIF pays nearly AZN 240M in compensation to nine closed banks’ customers
On September 6, Azerbaijan Deposit Insurance Fund paid AZN 21,933,000 to Parabank’s depositors, AZN 40,581,000 to Zaminbank’s depositors, AZN 16,434,000 to Kredobank’s depositors and AZN 2,758,000 to Dekabank’s depositors.
The Fund totally paid AZN 81,706,000 to 4 banks’ customers.

On September 6, the Fund paid AZN 11,097,000 to Atrabank’s depositors, AZN 1,514,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 12,611,000.

Agent banks have paid AZN 24,091,000 in compensation to Bank of Azerbaijan’s insured depositors, AZN 925,554 to Ganjabank’s customers, AZN 119,709,000 to Texnikabank’s customers. Total compensation for three banks is valued at over AZN 144,725,000.

Totally, ADIF has paid over AZN 239,042,000 to 9 closed banks’ customers.

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