Amount of compensation for deposits increased by 3 times in Azerbaijan

Amount of compensation for deposits increased by 3 times in Azerbaijan
  • Clock-gray 12:19
  • calendar-gray 11 December 2020

An amendment is made to the law “On deposit insurance” in Azerbaijan, APA reports.

Draft law was discussed in the first reading at today's meeting of Azerbaijani Parliament.

According to the amendment proposed to the law “On insurance of deposit”, after the expiration of the Law "On full insurance of deposits", it is proposed to increase the amount of compensation for deposits by 3 three times.

The draft law was put to a vote and adopted in the first reading.

 

Firuza Vahid

Other news