ADIF paid over AZN 534 million to depositors of closed banks


September 25, Fineko/abc.az. As of 24 September the Azerbaijan Deposit Insurance Fund paid more than AZN 534.43 million to 22,604 depositors of AG Bank, Amrah Bank, NBC Bank and Ata Bank.

ABC.AZ reports with reference to ADIF that in the period from 16 June to 24 September 2020 the International Bank of Azerbaijan paid more than AZN 191.21 million of compensation to depositors of AG Bank and NBC Bank who are in the process of liquidation.

4065 depositors of AG Bank were compensated AZN 78.4 million and 3,887 depositors of NBC Bank – AZN 112.8 million.

From 1 June to 24 September Kapital Bank paid over AZN 343.2 million to depositors of Amrah Bank and Ata Bank.

For the reported term the amount of compensation paid to 5,544 depositors of Amrah Bank amounted to AZN 131.83 million and to 9,108 depositors of Ata Bank - AZN 211.37 million.