Aug 14, 2013

Azerbaijan Deposit Insurance Fund want to inform the depositors of “RoyalBank” JOSC that application forms of protected depositor of “RoyalBank” JOSC are accepted only within the one year after the first publishment of news about the insurance event according to the Article 28.3 Law on Deposit Insurance.

Taking into consideration that first news about the bankruptcy of “RoyalBank” JOSC were published on July 21, 2012, Azerbaijan Deposit Insurance Fund informs you that the deadline for application in order to get the compensation is July 21, 2013. ADIF request that protected depositors of “RoyaBank” JOSC that have not applied for compensation for their protected deposits to hurry and present all needed documents to the agent banks (“MuganBank” JOSC, “AGBank” JOSC, and “Bank Respublika” JOSC) or their branches in order to get their compensation.

Information about the agent banks and their branches that perform the pay-out process can be got from the official web site of ADIF (adif.az), by contacting us from the numbers(012) 596 65 91/92/93 and “941” Hot line or by visiting our office at (40 Bul-bul., ave).

For the addition we want to inform you that the pay-out limit for protected deposits of one protected depositors are 100 percent but no more than 30 000 AZN.