OREANDA-NEWS. July 07, 2011. Agency for Bank Deposits Insurance (ABDI) State Corporation’s board of directors approved results of the open bid held to choose the auditor for auditing the annual report prepared by the ABDI. The bid was won by FBK, reported the press-centre of FBK.

Agency for Bank Deposits Insurance State Corporation was founded in the year 2004. Shall the insured event occur the Agency pays insurance compensations to the depositors, providing by that for a proper operation of the deposits insurance system.

The ABDI also keeps the register of the banks participating in the deposit insurance system, exercises a control over and administration of insurance fund formation, formation by the banks contributions included.