AZN 579 million compensated to closed banks’ depositors


November 16, Fineko/abc.az. As of 13 November the Azerbaijan Deposit Insurance Fund (ADIF) paid compensations for $579 million to 23,770 depositors of closed banks AG Bank, Amrah Bank, NBC Bank and Atabank.

ABC.AZ reports with reference to the ADIF that from 16 June to 13 November of this year the depositors of AG Bank and NBC Bank (both banks are under liquidation) were compensated in the total amount of AZN 208.7 million by ADIF agent International Bank of Azerbaijan: AZN 90.1 million to 4,428 depositors of AG Bank and AZN 118.6 million to 4,073 depositors of NBC Bank.

From 1 June to 13 November Kapital Bank paid more than AZN 370 million to depositors of Amrah Bank and Atabank: AZN 137.44 million to 5,678 depositors of Amrah Bank and AZN 232.57 million to 9,591 depositors of Atabank.