Baku, Azerbaijan, April 27
By Ali Mustafayev - Trend:
The decision of the Specialized Inter-District Economic Court of Almaty on the compulsory termination of the activities of Delta Bank JSC entered into force on April 25, 2018, the press service of the Kazakhstan Deposit Guarantee Fund (KFGD) said in a message.
Depositors and clients of the bank have the right to recover deposits and amounts placed on current accounts and payment cards up to 10 million tenge on deposits in Kazakhstan’s national currency, and up to 5 million tenge on deposits in foreign currency.
Payment of compensation will be made from the funds of the Kazakhstan Deposit Guarantee Fund (KFGD) through Bank CenterCredit JSC. The agent bank will start paying the guarantee refund no later than May 17, 2018.
The amount of KFGD obligations for payment of the guarantee compensation is nearly 141 million tenge, the number of clients - individuals who are entitled to receive compensation - 2,244 people.
The total amount of funds of the KFGD, intended for payment of the guarantee compensation, is 577.6 billion tenge.
Individuals who have deposits in excess of the guaranteed amount and legal entities are entitled to receive compensation from the liquidation commission of Delta Bank JSC during the sale of the bank's assets in the order determined by the legislation of the Republic of Kazakhstan on banks and banking activities.
Delta Bank has been deprived of the license to conduct banking and other operations since November 3, 2017 by the Resolution of the Board of the National Bank of the Republic of Kazakhstan No. 194 of November 2, 2017.
The staff of the interim administration included specialists of the National Bank and KFGD. The decision on compulsory liquidation of Delta Bank JSC the specialized inter-district economic court of Almaty rendered on February 13, 2018.
(Exchange rate for 27.04.2018: $1 - 327 tenge)