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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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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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The name of ADIF’s member bank “Azərnəqliyyatbank” JSC has been changed

 02.04.2010

The ADIF’s member bank - “Azərnəqliyyatbank” JSC have been changed in the bank’s license to “Expressbank” JSC. With regard to this the respective amendments have been made to the Fund’s register.

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Deposit Insurance Fund has finalized fourth quarter of 2009

01.02.2010

Deposit Insurance Fund has collected calendar fees for the fourth quarter of 2009. The calendar fees has made 711 thsd in AZN, 1mln.224 thsd in USD and 158 thsd in EURO. Quantities of member banks are 42.

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The name of ADIF’s member bank “Əmrahbank” has been changed

11.12.2009

The ADIF’s member bank - “Əmrahbank” JSC have been changed in the bank’s license to “Amrahbank” JSB. Regarding this respective amendments have been made in the Fund’s register.

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Two of ADIF’s member banks have changed their bank names

12.11.2009

The bank names of two ADIF’s member banks - “AZFİNANSBANK” JSC and “Azerdamiryolbank” JSC, have been changed in the bank’s license to “AFB BANK” JSC and “DAMİRBANK” JSC. Regarding this respective amendments have been made in the Fund’s register.

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Deposit Insurance Fund has finalized third quarter of 2009

   21.10.2009   

     Deposit Insurance Fund has collected calendar fees for the third quarter of 2009. The calendar fees have made 624 thsd in AZN, 1mln in USD and 145 thsd in EURO. Quantities of member banks are 42.

 

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The member banks of Deposit Insurance Fund of Azerbaijan has become 42

03.03.2009

  “Bank Silk Vey”  OJS become a member of Deposit Insurance Fund of Azerbaijan. The number of member banks of the Azerbaijan Deposit Insurance Fund has reached 42.

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41 banks are members of the Deposit Insurance Fund.

03.03.2009

 “Credobank” OJS become a member of Deposit Insurance Fund of Azerbaijan. The number of member banks of the Azerbaijan Deposit Insurance Fund has reached 41.

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The member banks of Deposit Insurance Fund of Azerbaijan has become 40.

20.02.2009

New established bank of “AF-Bank” become a member of Deposit Insurance Fund of Azerbaijan. The number of member banks of the Azerbaijan Deposit Insurance Fund has reached 40.

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Deposit Insurance Fund has finalized fourth quarter of 2008.

02.02.2009

Deposit Insurance Fund has collected calendar fees for the fourth quarter of 2008. The calendar fees has made 870 thsd in AZN, 868 thsd in USD and 135 thsd in EURO

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The member banks of Deposit Insurance Fund of Azerbaijan has become 39.

28.01.2009

The member banks of Deposit Insurance Fund of Azerbaijan has become 39.
New established bank of “AZFİNANSBANK” become a member of Deposit Insurance Fund of Azerbaijan.

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Deposit Insurance Fund finalized its first year

22.10.2008

Deposit Insurance Fund has collected calendar fees for the third quarter of 2008. The calendar fees has made 918 thsd in AZN, 911 thsd in USD and 153 thsd in EURO.

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Deposit Insurance Fund became a new European Forum of Deposit Insurers (EFDI) member.

20.10.2008

Deposit Insurance Fund became a new European Forum of Deposit Insurers (EFDI) member

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The number of member banks of the Azerbaijan Deposit İnsurance Fund has reached 38

05.09.2008

Newly established “Nakhchivanbank” has been included in the member bank list of the Azerbaijan Deposit Insurance Fund. Thus number of member banks of the Azerbaijan Deposit İnsurance Fund has reached 38.

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Deposit Insurance Fund finalised its first year

18.07.2008

Deposit Insurance Fund has calculated calendar fees for the second quarter of 2008. The calendar fees are in the amount of 961 thousand AZN, 1 million 72 thousand USD and 159 thousand EURO, i.e. 2 million 36 thousand AZN equivalent.

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Deposit Insurance Fund collected calendar fees for the first quarter of 2008

23.04.2008

Deposit Insurance Fund has finished its calculation of Calendar Fees for the first quarter of 2008. The calendar fees are in the amount of 841 thousand AZN, 1 million 94 thousand USD and 130 thousand EURO. The whole amount consists of 5 million 549 thousand AZN together with the membership fees paid by the participant banks while entering to the Fund’s registration.

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Speech of the Executive Director of ADIF Azad Javadov on the 5th Annivrsary Caspian International Conference and Exhibition “Banking & Finance”

09.04.2008

The Executive Director of ADIF Azad Javadov spoke on the 5th Annivrsary Caspian International Conference and Exhibition “Banking & Finance”, which has been held in Baku during two days. Speaking on the session titled “Achievement of the optimum correlation of the local deposits and attraction of the foreign credit funds as sources of the financing for the active development of banks” the Executive Director Azad Javadov touched the issues on the deposit insurance system, deposits invested by population into the banks.

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The money fund is in the amount of 4 million from the time ADIF has been created

05.02.2008

Deposit Insurance Fund has finished its calculation of Calendar Fees for the fourth quarter. Calendar fees are in the amount of 665 thousand 800 AZN, 1 million 62 thousand 367 USD, 112 thousand 454  EUR. It is more than 9 per cent in the national currency, 4.5 per cent in USD and 47.6 per cent in EUR comparing with the third quarter.

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ADIF’s website put to use

11.01.2008

ADIF’s website put to use. One can get information on the Fund, depositors and banks, as well as familiarize with the world’s practise from www.adif.az.

 

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Amount of the insured deposits increases from 2008

11.01.2008

Deposit Insurance Fund insures banks’ deposits in the amount of 6 thousand manats from January 1, 2008. This amount will be 8 thousand manats from 2010.

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Number of the member banks to the Deposit Insurance Fund is enlarging

05.12.2007

“Bank Eurasia” and “Pashabank” also joined to the list of member banks of the Deposit Insurance Fund. So, number of the member banks to the Fund reached 37. These banks pay membership fees to the Fund in the amount of 10 thousand manats once-only.

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Azerbaijan Deposit Insurance Fund collected its first Calendar Fees

31.10.2007

Azerbaijan Deposit Insurance Fund collected its first Calendar Fees. Calendar fees are collected in the amount of 601 916 AZN, 1 002 170 USD, 73 068 EURO. Total amount of the Calendar Fees transferred to the Fund is 1 547 253 AZN.

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Number of the member banks to the Deposit Insurance Fund run up to 35

29.10.2007

“Gunay Bank” also joined to the list of member banks of the Deposit Insurance Fund.
So, number of the member banks to the fun run up to 35. These banks pay membership fees to the Fund in the amount of 10 thousand manats once-only.

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Number of the member banks to the Deposit Insurance Fund is enlarging

10.09.2007

4 banks added to the list of member banks of the Deposit Insurance Fund.

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The list of member banks to the Deposit Insurance Fund became known

14.08.2007

The list of member banks to the Fund became known in August 13. The following 30 banks include here:

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Deposit Insurance Fund began functioning

10.08.2007

Deposits located in the banks will be insured from August 11. The Executive director of the Deposit Insurance Fund Azad Javadov informed about it in the press conference that conducted on August 10.

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