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Where can the depositors get information on the payment of compensation in case of an insurance incident in any bank?

In case of an insurance incident in the participant bank the National Bank sends a notification to the Fund. On receipt of the notification the Fund shall within 7 (seven) calendar days publish an announcement in the following media on the time and venue of compensation payments:

1. AzTV
2. Public TV
3. Azerbaijan newspaper
4. Republic newspaper
5. Khalg newspaper
6. AzerTAj informational agency
7. APA informational agency

The Fund shall make that announcement and publish the notification two more times at a week's interval.


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Deposit Insurance Fund has finalized second quarter of 2010.

27.08.2010

Deposit Insurance Fund has collected calendar fees for the second quarter of 2010. The calendar fees has made 866 thsd in AZN, 1mln.299 thsd in USD and 175 thsd in EURO. Quantities of member banks are 43.

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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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