The Azerbaijan Deposit Insurance Fund (ADIF) has paid a total of AZN 1,717.5 million or $1,010.3 million in compensation to 62,520 depositors of 19 banks in the process of liquidation over the period of its operation from 2006 to 2024.This is reported by the ADIF. The report says that more than half of the payments fell on 6 banks that were closed after 2020, when a strict quarantine regime had been imposed due to the coronavirus pandemic (COV...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus