Deposit Insurance Fund puts up property of banks for sale

12:08 - 22.05.2023


May 22, Fineko/abc.az. The Azerbaijan Deposit Insurance Fund has put up for sale the apartments belonging to banks that have ceased operations.

ABC.AZ reports that at the auction to be held on May 25, 2023 at 11 am in the Baku Auction Center, apartments located on the balance sheet of Royalbank and Amrahbank that have suspended their activities will be sold.

On May 25, 2023, at 11 am in the Baku Auction Center, real estate located on the balance sheet of RoyalBank being liquidated by the ADIF will be put up for open auction.

The initial selling price of the property is 22,000 manats.

On May 25, 2023 at 11 am in the Baku Auction Center, real estate located on the balance sheet of AmrahBank being liquidated by the ADIF will be put up for open auction.

The initial selling price of the property is 128,600 manats.