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What is the aim in the creation of the Fund?

The purpose of establishing the Deposit Insurance Scheme is to prevent the risk of losing money deposited by individuals and to ensure the sustainability and development of the financial and banking system whenever banks and local branch offices of foreign banks become insolvent.

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The highest annual percent rate for the bank deposits insured by the Fund will be reduced from 15% to 12%.

27.05.2010

The Deposit Insurance Fund held a press conference on 27th May, 2010.

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Deposit Insurance Fund has finalized first quarter of 2010.

23.04.2010

Deposit Insurance Fund has collected calendar fees for the first quarter of 2010. The calendar fees has made 831 thsd in AZN, 1mln.345 thsd in USD and 172 thsd in EURO. Quantities of member banks are 43.

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43 banks are members of the Deposit Insurance Fund

19.04.2010

“BTB” OJS become a member of Deposit Insurance Fund of Azerbaijan. Quantities of member banks are 43.

 

 

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