The Fund told APA-Economics that if the annual interest rate on deposits in the national currency at member banks are more than 15%, these deposits are not insured by the Fund and no compensation is paid or the.
Remind that annual interest rate on deposits in foreign currency makes 3%.
The depositors don’t make payment for insurance of their deposits. Insurance fees are only paid by banks.
For more information the depositors may visit www.adif.az and call 941 hot line and/or 596 65 91/92/93.