Eng info@adgf.am (010)-58-35-14 (010)-59-26-64

The main functions

The Fund shall:

a) collect guarantee contribution charges,

b) do analyses of the Fund assets, the number of guaranteed deposits, depositors, and other analyses,

c) file claims to the Central Bank for effecting sanctions to the banks that fail to make guarantee contributions, as defined hereunder, for making inspections by the Central Bank to identify accuracy of bank reporting,

d) manage the Fund’s assets, as defined hereunder,

e) remunerate guaranteed deposits in the amounts, cases and according to the procedures defined hereunder,

f) receive loans (borrowings), guarantees, grants, gifts, and donations,

g) obtain required information for arranging remuneration as defined hereunder,

h) make efforts to elucidate the process of guarantee and remuneration deposits,

i) perform other functions as defined hereunder.

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