Deposit Insurance Fund Compensates 721,497,000 Manat

The depositors of 10 closed banks have been compensated 721 million 497 thousand manat, the Deposit Insurance Fund said. The specification is as follows: Para Bank – AZN 42 million 916 thousand (98% of the total compensation), Zamin Bank – AZN 52 million 459 thousand (72%), Credo Bank – AZN 27 million 770 thousand (98%), Deka Bank – AZN 3 million 022 thousand (96%), Atra Bank – AZN 14 million 269 thousand (97%), Qafqaz Inkisaf Bank – AZN 1 million 974 thousand (92%), Bank of Azerbaijan – AZN 24 million 148 thousand (97%), Ganja Bank – AZN 976 thousand (94%), Tekhnika Bank – AZN 120 million 123 thousand (98%), and Bank Standard - AZN 433 million 840 thousand (98%).  ------71D

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