On October 20, the Fund paid AZN 14,000,000 to Atrabank’s depositors, AZN 1,876,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 15,876,000.
Agent banks have paid AZN 24,091,000 in compensation to Bank of Azerbaijan’s insured depositors, AZN 969,000 to Ganjabank’s customers, AZN 119,977,000 to Texnikabank’s customers. Total compensation for three banks is valued at over AZN 145,038,000.
ADIF has also paid AZN 261,624,000 in compensation to Bank Standard’s insured depositors on October 20, 2016.
Totally, ADIF has paid more than AZN 527,259,000 in compensation to 10 closed banks’ customers.
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