Baku. Yegane Lachinzade - APA-Economics. Total deposits of the individuals in Bank Standard make up AZN 603 million, insured deposits - AZN 568 million and indemnifiable deposits – AZN 460 million, Executive Director of Azerbaijan Deposit Insurance Fund Azad Javadov said at the press conference.
“This is a changeable figure because a major part of deposits is in foreign currency”, Javadov said.
According to him, number of insured depositors makes up 138,000. Deposits of 50,000 depositors are over AZN 1.
The Financial Markets Supervisory Authority has revoked licence of Bank Standard since October 1, 2016.