Payments to closed banks depositors continue – over AZN 500 million paid


September 30, Fineko/abc.az. As of 29 September the Azerbaijan Deposit Insurance Fund (ADIF) paid more than AZN 537 million to 22,757 depositors of AG Bank, Amrah Bank, NBC Bank and Ata Bank.

ABC.AZ reports with reference to the ADIF that in the period from 16 June to 29 September of this year the International Bank of Azerbaijan paid more than AZN 192.55 million of compensation to the depositors of AG Bank and NBC Bank which are in the process of liquidation.

Compensationsfor AZN 78.9 million were paid to 4,112 depositors of AG Bank and for over AZN 113.65 million to 3,926 depositors of NBC Bank.

From 1 June to 29 September Kapital Bank paid more than AZN 344.555 million to depositors of Amrah Bank and Ata Bank.

The compensations paid to 5,567 depositors of Amrah Bank for the reporting period amounted to AZN 132.27 million and to 9,152 depositors of Ata Bank to AZN 212.27 million.