Azad Javadov: "Closed banks themselves will be able to return non-insured savings"
Finance
- 29 July, 2016
- 09:10
Baku. 29 July. REPORT.AZ/ The amount of the non-insured deposits in 4 commercial banks -"Parabank", "Zaminbank", "Kredobank" and "Dekabank" OJSCs, suspended by the Financial Markets Control Chamber is 40 million AZN. Report informs, Executive Director of the Azerbaijani Deposit Insurance Fund, Azad Javadov said at today’s press conference.
According to him, the banks have enough opportunities to return the funds to the owners.
A. Javadov has also commented on the amount of total liabilities of these banks: "This figure is still exactly unknown for us as a liquidator. According to the court decision, total liabilities of these banks, including funds borrowed from abroad will be known soon."
Latest News
18:41
Winners of 3rd investment competition for land lease in Azerbaijan's Karabakh determined
AIC18:20
Azerbaijan, Samsung discuss creation of regional digital center
ICT18:00
Photo
Power of Unity – 2026 Joint Military Exercise holds planning conference
Military17:43
Zelenskyy discusses government plans with new Ukrainian PM
Other countries17:36
Sultan Raev: Poetry, culture spiritually unite Turkic peoples
Cultural policy17:20
Photo
Azerbaijan, UnionPay discuss expansion of QR code payments
Finance17:19
Andy Burnham announced as new leader of UK Labour Party
Other countries17:08
Azerbaijan's aviation fuel exports surge in January-May
Energy17:07