Amount of compensations paid to 4 banks` depositors announced – over AZN 540 million

16:13 - 19 Октябрь 2020

October 19, Fineko/ The Azerbaijan Deposit Insurance Fund (ADIF) paid AZN 544.14 million of compensations to 23,231 depositors of four closed banks - AG Bank, Amrah Bank, NBC Bank and Atabank".

ABC.AZ reports with reference to the ADIF that in the period from 16 June to 16 October 2020 the International Bank of Azerbaijan paid more than AZN 195.20 million of compensation to depositors of AG Bank and NBC Bank, which are in the process of liquidation.

Compensations for AZN 80.7 million were paid to 4,284 depositors of AG Bank and more than AZN 114.49 million to 4,004 depositors of NBC Bank.

From 1 June to 16 October Kapital Bank paid more than AZN 348.93 million to depositors of Amrah Bank and Ata Bank.

Over the reporting period the compensations for AZN 133.38 million to 5,630 depositors of Amrah Bank and for AZN 215.54 million to 9,313 depositors of Ata Bank.