AZN 824.3 million compensated to liquidated banks’ depositors in Azerbaijan

10.01.2019,12:05

January 10, Fineko/abc.az. The Azerbaijan Deposit Insurance Fund paid compensations for totally AZN 824.3 million for insured events that occurred in 2012-17.

The Fund reports that insurance cases occurred in 13 banks and this amount as of 1 January 2019 makes up 99% of all liabilities on compensation payments.

The Fund compensated for AZN 13.2 million on insured events of liquidated Royalbank and fulfilled its obligations by 89%, AZN 1.8 million (88% of liabilities) on Yunayted Kredit Bank, AZN 24.2 million (97%) on Bank of Azerbaijan, AZN 980,000 (94%) on Gəncəbank, AZN 120.4 million (98%) on Tekhnikabank, AZN 43.2 million (98%) on Parabank, AZN 72.5 million (99%) on Zaminbank, AZN 27.9 million (99.6%) on Kredobank, AZN 3.1 million (99%) on Dekabank, AZN 14.4 million (98%) on Atrabank, AZN 2 million (96%) on Qafqaz Inkişaf Bankı, AZN 438.6 million (99%) on Bank Standard and AZN 61.98 million (98%) on Dəmirbank.