Texnikabank’s depositors receive nearly AZN119M compensation

Texnikabank’s depositors receive nearly AZN119M compensation
# 04 July 2016 08:17 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. The agent banks have paid over AZN 118.696 mln compensation to the Texnikabank’s depositors.

According to Deposit Insurance Fund, the branch offices of the selected Agent Banks started to accept the application forms from the depositors from February 12, 2016.

Agent banks are “MuÄŸanbank”, “Rabitabank”, “Unibank” and “Kapital Bank”.

The Fund receives applications within a year since the insurance incident. The Fund pays 100% compensation for each protected depositor provided that the amount does not exceed AZN 30,000.

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