ADIF pays over AZN 261M in compensation to nine closed banks’ customers

  30 September 2016    Read: 999
ADIF pays over AZN 261M in compensation to nine closed banks’ customers
On September 28, Azerbaijan Deposit Insurance Fund paid AZN 32,570,000 to Parabank’s depositors, AZN 49,004,000 to Zaminbank’s depositors, AZN 17,181,000 to Kredobank’s depositors and AZN 2,772,000 to Dekabank’s depositors.
The Fund totally paid AZN 101,527,000 to 4 banks’ customers.

On September 28, the Fund paid AZN 13,282,000 to Atrabank’s depositors, AZN 1,699,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 14,981,000.

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 119,878,000 to Texnikabank’s customers. Total compensation for three banks is valued at over AZN 144,894,000.

Totally, ADIF has paid AZN 261,402,000 to 9 closed banks’ customers.

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