Azerbaycan Emaliyetlerin Sigortalanmasi Fondu (Baku)
61, 59 (174 meters (distance in meters))
79, 88A, Ekspres M4, 2 (294 meters (distance in meters))
14, 85 (403 meters (distance in meters))
88, 4, Ekspres M2, Ekspres M2A (412 meters (distance in meters))
5 (427 meters (distance in meters))
18 (442 meters (distance in meters))
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The Azerbaijan Deposit Insurance Fund (Azərbaycan Əmanətlərin Sığortalanması Fondu, ADIF) is a state body established to protect the rights and interests of bank depositors and to ensure the stability of the country’s banking system.
History: Established in 2007 with the aim of protecting depositors and increasing trust in Azerbaijan's banking system.
Team: Tural Piriyev Gudrat oglu — Executive Director
Akshin Jahangirov Fehruz oglu — Deputy Executive Director
Bahruz Gayibov Ali oglu — Deputy Executive Director -
Insurance of individual deposits
Protection of depositors' funds in banks participating in the deposit insurance system
Reimbursement of deposits in case of bankruptcy or license revocation of a bank
Guarantee payments
Ensuring timely payments to depositors within the established insurance limit
Monitoring and control of banks
Analysis of banks’ financial condition to assess risks and prevent crisis situations
Educational and awareness programs
Informing the public about depositors’ rights and deposit insurance mechanisms
Cooperation with governmental and international organizations
Interaction with regulators and financial institutions to enhance the stability of the banking system
Management of the fund’s resources
Efficient investment and use of the insurance fund’s resources to ensure its financial stability
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The main investment directions include:
Government securities
Placement of the fund's resources in debt obligations of the Azerbaijan government. As of 2022, ADIF’s investments in debt securities amounted to 43.276 million manats, which accounted for 7.4% of the fund’s assets.Deposits in reliable banks
Placement of the fund's resources in deposit accounts at banks with high credit ratings to ensure liquidity availability.Other low-risk financial instruments
Investments in instruments that ensure capital preservation and provide quick access to funds if necessary. -
As of January 1, 2025, ADIF has paid out 1,717,520,747 manats to depositors of liquidated banks. These funds were returned to 62,520 depositors from 19 banks.
ADIF has implemented new payment systems and terminals that do not charge customers any fees for payments. There is also now the possibility to pay for services in US dollars and euros.
