Statement made about deposits in four closed banks

15:06 - 12.05.2020


May 12, Fineko/abc.az. The total amount of population’s deposits amounted to AZN 686 million in AGBank, Amrahbank, Atabank and NBCBank, whose licenses were canceled by the Central Bank, and covers a total of 215,000 depositors.

ABC.AZ reports with reference to the statement of the Central Bank that more than 99% of the total portfolio of deposits in the closed banks are savings deposits, which are fully compensated.

"Execution of the banks' obligations by the liquidator will first begin with the return of deposits," the Central Bank said in a statement.

 

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