AZN 1.9 bln of deposits in Royal Bank not returned

AZN 1.9 bln of deposits in Royal Bank not returned
# 29 April 2013 11:12 (UTC +04:00)

Baku. Ali Ahmadov – APA-Economics. Depositors of Royal Bank, which was shut down last year, have not taken their AZN 1.9 mln-deposits yet, said the Executive Director of Deposits Insurance Fund Azad Javadov.

Javadov says AZN 200,000 of those deposits fall to share of 1,500 residents. Per head deposit sum is AZN 134.

AZN 1.5 mln fall to share of 2,000 non-residents.

“They have time until June 21”, he added. 75% of deposits were returned in August.

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THE OPERATION IS BEING PERFORMED