Over AZN 571 million of compensation paid to depositors of 4 closed banks


November 13, Fineko/abc.az. As of 12 November the Azerbaijan Deposit Insurance Fund (ADIF) paid more than AZN 571 million to 23,757 depositors of closed banks - AG Bank, Amrah Bank, NBC Bank and Atabank.

ABC.AZ reports that from 16 June to 12 November of this year the International Bank of Azerbaijan paid compensations in the amount of AZN 208.68 million to depositors of AG Bank (AZN 90 million to 4,420 depositors) and NBC Bank (over AZN 118.61 million to 4,073 depositors) that are in the process of liquidation.

From 1 June to 12 November Kapital Bank paid more than AZN 362.5 million to depositors of Amrah Bank (AZN 137.44 million to 5,677 depositors) and Ata Bank (AZN 225 million to 9,587 depositors).