ADIF pays nearly AZN 699M in compensation to ten closed banks’ customers

ADIF pays nearly AZN 699M in compensation to ten closed banks’ customers
  • Clock-gray 07:55
  • calendar-gray 17 November 2016

According to ADIF, the Fund totally paid over AZN 125,094,000 to 4 banks’ customers.

 

The Fund paid AZN 14,193,000 to Atrabank’s depositors, AZN 1,880,000 to Caucasus Development Bank’s depositors. Total compensations for two banks amounted to over AZN 16,073,000.

 

Agent banks have paid AZN 24,147,000 in compensation to Bank of Azerbaijan’s insured depositors, AZN 975,000 to Ganjabank’s customers, AZN 120,080,000 to Texnikabank’s customers. Total compensaion for three banks is valued at over AZN 145,204,000.

 

ADIF has also paid AZN 412,517,000 in compensation to Bank Standard’s insured depositors.

 

Totally, ADIF has paid AZN 698,890,000 in compensation to 10 closed banks’ customers.

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