The Deposit Insurance Fund puts up for sale movable and immovable property of liquidated “BankStandard” CB CJSC, “Tekhnikabank” OJSC, “Atrabank” OJSC, “Kredobank” OJSC, “Bank of Azerbaijan” OJSC and “Royalbank” OJSC through the Commodity and Raw Materials Exchange of the Republic of Azerbaijan by 29 lots. By 20 lots, the property is put up for auction for the first time and by 9 lots - for the fourth time. At the auction which will be held on September 3, 2018, 8 ATMs, 2 generators, 9 secure cash delivery vehicles, 1 non-residential area in Baku, 1 car, by 6 lots, computer and communication equipment, by 1 lot, furniture and technical equipment, and by 1 lot, 60 POS-terminals will be put up for sale.

The auction will be held in open bidding manner at the Commodity and Raw Materials Exchange of the Republic of Azerbaijan at the address: 1933rd quarter, 156 (20A), I. Khideatzadeh Str., Baku. The conditions of the property put up for auction can be found on the website: http://www.birjanews.az/store/mantlrin-sigortalanm....

In addition, we would like to note that movable and immovable property being on the balance sheet of liquidated “BankStandard” CB CJSC, “Tekhnikabank” OJSC, “Bank of Azerbaijan” OJSC, “Zaminbank” OJSC, “Dekabank” OJSC and “Royalbank” OJSC has been sold at auctions recently organized by the Deposit Insurance Fund through the Commodity and Raw Materials Exchange.

17 cars, 5 ATMs, currency counting machines and money packing equipment, 340 pieces of furniture and technical equipment by four lots, a generator, a private house in Baku, a non-residential area in Guba and a land plot in Ismayilli region belonging to liquidated banks have been sold.

The Deposit Insurance Fund continues to organize auctions for the sale of property of banks being in the process of liquidation.