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United Credit Bankâ€™s depositors to get compensations through Unibank

United Credit Bankâ€™s depositors to get compensations through Unibank

08 February 2016 09:43 (UTC +04:00)

According to him, as the information is not accurate, the date of payment of compensations will be publicized in the coming days.

The agent bank for payment of compensation is Unibank.

On January 25, the Central Bank of Azerbaijan withdrew the license of United Credit Bank OJSC and a moratorium was established on the bank’s operations. February 2,2016 is a day when the insurance accident occurred in the Bank Technique.

The Fund guarantees that 100% of insured deposits up to AZN 30,000 will be compensated. The deposits over AZN 30,000 will be repaid by the liquidator in accordance with the law.

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