Payments to depositors of 4 closed banks continue – AZN 545 million given


October 21, Fineko/ As of 20 October the Azerbaijan Deposit Insurance Fund (ADIF) paid more than AZN 545 million to 23,276 depositors of AG Bank, Amrah Bank, NBC Bank and Atabank.

ABC.AZ reports with reference to the ADIF that in the period from 16 June to 20 October of this year the International Bank of Azerbaijan paid more than AZN 195.3 million to the depositors of AG Bank and NBC Bank that are in the process of liquidation.

Compensations for AZN 80.8 million to 4,294 depositors of AG Bank, while over AZN 114.5 million to 4,008 depositors of NBC Bank.

From 1 June to 20 October Kapital Bank paid over AZN 349.78 million to depositors of Amrah Bank and Atabank.

During the reporting period the compensations for AZN 133.56 million were paid to 5,638 depositors of Amrah Bank and AZN 216.2 million to 9,336 depositors of Atabank.