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Establishment of the committee of the creditors of the «Standart» bank
On the basis of the decision of the Baku Administrative-Economic Court will be set up a committee of the creditors of the bank «Standart». According to Turan, creation of the committee was assigned to the Deposit Insurance Fund. The Foundation shall take the necessary measures to determine the composition of the committee, for the approval of the Regulations on the committee of creditors.
The decision on the bankruptcy of the Bank «Standart» was adopted on October 4, 2016. As of January 19, 2017 depositors compensated 434.920.000 manat, or 98.4% of the total insured bank deposits. -71D-
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