ADIF pays about AZN 651M in compensation to ten closed banks’ customers

ADIF pays about AZN 651M in compensation to ten closed banks’ customers
  • Clock-gray 07:27
  • calendar-gray 01 November 2016

According to ADIF, the Fund totally paid over AZN 121,818,000 to 4 banks’ customers.

 

The Fund paid AZN 14,170,000 to Atrabank’s depositors, AZN 1,880,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 16,000,000.

 

Agent banks have paid AZN 24,117,000 in compensation to Bank of Azerbaijan’s insured depositors, AZN 969,000 to Ganjabank’s customers, AZN 120,000,000 to Texnikabank’s customers. Total compensation for three banks is valued at over AZN 145,000,000.

 

ADIF has also paid AZN 368,161,000 in compensation to Bank Standard’s insured depositors.

 

Totally, ADIF has paid more than AZN 650,979,000 in compensation to 10 closed banks’ customers.

 

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