ADIF pays over AZN 258M in compensation to nine closed banks’ customers

  23 September 2016    Read: 878
ADIF pays over AZN 258M in compensation to nine closed banks’ customers
On September 22, Azerbaijan Deposit Insurance Fund paid AZN 32,415,000 to Parabank’s depositors, AZN 46,908,000 to Zaminbank’s depositors, AZN 16,865,000 to Kredobank’s depositors and AZN 2,763,000 to Dekabank’s depositors.
The Fund totally paid AZN 98,951,000 to 4 banks’ customers.

On September 22, the Fund paid AZN 12,598,000 to Atrabank’s depositors, AZN 1,625,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 14,223,000.

Agent banks have paid AZN 24,091,000 in compensation to Bank of Azerbaijan’s insured depositors, AZN 925,721 to Ganjabank’s customers, AZN 119,870,000 to Texnikabank’s customers. Total compensation for three banks is valued at over AZN 144,886,000.

Totally, ADIF has paid AZN 258,258,060 to 9 closed banks’ customers.

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