Azerbaijan extends full deposit insurance until 4 March 2020

13:36 - 19.02.2019


February 19, Fineko/abc.az. The Azerbaijani parliamentarians adopted the amendments to the Law on Full Insurance of Deposits.

The amendments provide for the extension of full deposit insurance until 4 March 2020. The valid law expires on 4 March 2019.

The head of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship, Ziyad Samedzade, stressed that full insurance of deposits can serve to the growth of the deposit portfolio of banks, including deposits in the national currency.

 

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