Azerbaijan, Baku, Sept 4 /Trend A.Akhundov/
As of September 3, about 566,271 depositors of the Azerbaijani branch of former USSR Sberbank as of January 1, 1992 got lump-sum individual payments worth 263.7 million manat, Azerbaijani KapitalBank Deputy Chairman of Board Araz Aliyev said.
"Kapital Bank is the legal successor of the Saving Bank of Azerbaijani SSR," he said. "It has received 731,303 appeals till September 3, of which 42,518 have already been sent to the center dealing with depositors' lump sum payments to under the bank."
About 59,263 individuals failed to receive payments.
The bank conducts the staff rotation policy to avoid corruption. Thus, the bank employee is not on the same office for more than 10 days. All data on payments are available in a single computer network.
Lump sum payments have been given since June 1 in 143 offices, 78 of which are located in regions of the country.
About 91 offices are in Kapital Bank branches, the rest - in specially created areas. A special e-map showing the location of these offices has been created on the website of the bank.
The process of obtaining the funds will end on December 31, 2013. The individual lump-sum payments to depositors of the Saving Bank of Azerbaijani SSR will cover 2.4 million Azerbaijani citizens, who are the owners of personal deposit accounts. According to the preliminary estimates of the Finance Ministry, funds amounting to about one
billion manat will be required for these benefits.
Official exchange rate on Sept 4 is 0.7853 AZN/USD