Banks keep on retuning deposits – MONEY ARE RETURNED


October 17, Fineko/abc.az. The return of the remaining deposits in the liquidated banks has been going on for 2 days.

ABC.AZ reports that this process is carried out by the Azerbaijan Deposit Insurance Fund (ADIF).

In particular, deposits of 11 liquidated banks are returned. Thus, return to citizens of unprotected deposits in the amount of up to AZN 17,000 of liquidated Atra Bank, Royal Bank, Credo Bank, Zamin Bank, Bank of Azerbaijan, Caucasian Development Bank, United Credit Bank, Texnika Bank, Demir Bank, Ganja Bank, and Bank Standard. Kapital Bank was elected as an authorized bank for return of such deposits.

Depositors can withdraw their money upon presentation of an identity card by contacting the relevant branches of Kapital Bank.