Bank Of Baku

Insured bank deposits reach AZN 2.275 bln in Azerbaijan

Insured bank deposits reach AZN 2.275 bln in Azerbaijan
# 31 January 2012 10:13 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. The 43 ADIF (Azerbaijan Deposit Insurance Fund) member banks transferred AZN 1.475 million, $1.487 million and 196,000 euro to the Fund, in the 4th quarter of 2011.

As of 1 January 2012, deposits for individuals’ in member banks made AZN 3.763 bln, uninsurable deposits - AZN 1.488 bln and insurable deposits – AZN 2.275 bln. ADIF says insurance reserves of Fund makes AZN 41.9 mln, number of depositors – 5,782,045.
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