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Azerbaijan's Deposit Insurance Fund continues to pay off accounts payable

Finance Materials 30 October 2019 20:03 (UTC +04:00)

BAKU, Azerbaijan, Oct. 30

By Eldar Janashvili – Trend:

Azerbaijan's Deposit Insurance Fund continues to pay off accounts payable to individuals, Trend reports on Oct. 30 referring to the Deposit Insurance Fund.

The payables worth up to 17,000 manat ($10,000) of the individuals having deposits in the banks which are being liquidated are paid off.

Atrabank OJSC, Royal Bank OJSC, Kredo Bank OJSC, Zamin Bank OJSC, Bank of Azerbaijan OJSC, Caucasus Development Bank OJSC, Bank Standard OJSC, United Credit Bank OJSC, Texnikabank OJSC, Azerdemiryolbank OJSC and Ganjabank OJSC are being liquidated.

The creditor's claim is paid in non-cash form through Kapital Bank OJSC.

The individuals with deposits in the banks which are being liquidated are offered to contact Kapital Bank’s corresponding branches by submitting an identification card.

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Follow the author on Twitter: @eldarjanashvili

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