The Central Bank of Azerbaijan has cancelled licences of credit unions 'Abbas', 'Amin' and 'Azermalia'. This is reported on the CBA website. According to the report, thus, the number of credit unions licensed in the country has fallen to 36. According to the State Register of Commercial Organisations of the State Tax Service under the Ministry of Economy, the mentioned credit unions were established in 2003, 1999 and...

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