17:47 - 1.11.2023

---

November 1, Fineko/abc.az. Uninsured deposits in Muğan Bank, which is at the stage of liquidation, amount to approximately AZN 101 million.

ABC.AZ reports that this was announced at a press conference by Taleh Kazimov, the chairman of the Central Bank of Azerbaijan (CBA).

 "Out of AZN 101 million of uninsured deposits, AZN 73 million belong to individuals, and of these AZN 73 million, AZN 70 million belong to one individual. The remaining AZN 24 million are the money of legal entities. 50% of them belong to two companies. That’s why I say that cancellation of the license of Muğan Bank will not affect financial stability," Kazimov added.