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Agent banks completed accepting applications of AG Bank and NBC Bank depositors

17.05.2021,17:14


May 17, Fineko/abc.az. The deadline for accepting applications from depositors by agent banks of AG Bank and NBC Bank, whose licenses were revoked, has expired.

ABC.AZ was informed at in the Deposit Insurance Fund (ADIF) that the Fund accepts depositors' applications through an agent bank within one year from the date of the first publication of the announcement of compensation payment.

Given that a year has passed since the first publication of the announcement, the deadline for accepting applications from depositors of the banks under liquidation has expired since 16 May of this year.

It should be noted that from 16 June 2020 to 16 May 2021 the ADIF agent banks compensated AZN 121.55 million (90.32% of the total compensation liabilities) to 4,803 depositors of AG Bank, AZN 133.213 million (97.13%) to 4,249 depositors of NBC Bank. Total payment of compensations to 9,052 depositors of both banks exceeded AZN 254.269 million.

Applications from depositors of banks in the process of liquidation, with the relevant documents on the extension of the deadline for submitting applications for compensation payments, will be accepted at the ADIF head office (add: 16, Babek Avenue).