Texnikabank’s depositors received over AZN118M compensation

Texnikabank’s depositors received over AZN118M compensation
# 02 June 2016 10:50 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. The agent banks have paid over AZN 118.168 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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