Demirbank excluded from Deposit Insurance Fund’s member banks register and its certificate revoked

16:34 - 25.12.2017

In compliance with Decision #49 of the Board of Directors of the Financial Markets Supervision Chamber from 22 December 2017 and in connection with Demirbank’s banking license cancellation from 23 December 2017, Demirbank (a member of Azerbaijan Deposit Insurance Fund (ADIF) since 30 July 2007 with register record #5 in accord with Article 22.3.1 of the Law on Deposit Insurance) has been excluded from the ADIF Member Banks’ Register and the relevant certificate given to Demirbank has been revoked.

 

 

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