Azerbaijan, Baku / Trend / Azerdemiryolbank OJSC has been issued a certificate for membership in Azerbaijan Deposit Insurance Fund and has begun following the Law on Deposit Insurance, according to Azerdemiryolbank.
At present, all 28 offices of the bank operating in Baku and Azerbaijani regions are carrying out the work on informing the acting and potential depositors of the terms of deposit insurance. The terms will be included in the text of deposit agreement which is signed between banks and their customers. The deposits to Azerdemiryolbank were more than AZN 28.5mln on 1 August.