Baku / 09/12/19 / Turan: The Baku Court of Appeal (BCA) upheld the application of the Deposit Insurance Fund (DIF) for concessions in favor of unprotected bank deposits, regarding priority for repayment of deposit obligations.According to the law, unprotected bank deposits are repaid the seventh in a queue among other obligations when a bank is declared insolvent. However, BCA, taking into account the DIF appeal, accepted the order on the priorit...

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