Depositors of bankrupt Azerbaijani banks receive over 38M manats

Depositors of bankrupt Azerbaijani banks receive over 38M manats

The Azerbaijan Deposit Insurance Fund (ADIF) paid compensations worth 38.4 million Azerbaijani manats to depositors of DekaBank, Kredobank, Zaminbank and Parabank, ADIF said in a message Aug. 12, Trend reports.

Acceptance of applications from insured depositors of the four banks began Aug. 1 and the payment of compensations has been carried out since that day. The insured deposits in those banks total 110.71 million manats.

Payments are being carried out at the branches of those closed banks.

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