8th Stage Of Compensation Of Citizens’ Depreciated Bank Deposits Sta

8TH STAGE OF COMPENSATION OF CITIZENS’ DEPRECIATED BANK DEPOSITS STARTED IN KARABAKH

DeFacto Agency
May 19 2008
Armenia

YEREVAN, 19.05.08. DE FACTO. The current, 8th stage of preliminary
compensation of citizens’ deposits depreciated in 1993 started in
the Nagorno-Karabakh Republic.

According to the information DE FACTO received at the Artsakhbank,
compensational payments are being granted to citizens born in
1954-1957. In sum, at the current stage it is planned to pay
compensation to 6400 people.

The process of preliminary compensation of the citizens’ bank savings
started in the NKR in 1998. During this time, according to the state of
current May 1, over 975 million drams were paid to 43, 144 depositors.

The amount of the preliminary compensation makes 25,000 drams for
1,000 Soviet rubles.