Deka Bank Turns into Non-bank Credit Organization

Deka Bank OJSC will continue its activities as a non-bank credit organization (NBCO) after the Financial Markets Control House (FMCH) canceled its license last week. The Chairman of the bank’s Board Ismayil Aliyev said the issue has already been agreed with the shareholders of Deka Bank.

Deka Bank will function as an NBCO after the completion of all of the bank liquidation procedures. –0--

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