Central Bank of Azerbaijan takes measures against 3 NBCOs

The Central Bank of Azerbaijan has fined officials of non-bank credit organisations "City Finance", "Kəpəz" and "İnkişaf üçün Maliyyə". This is reported on the website of the regulatory body. According to the statement, within the current control processes conducted by the CBA, it was revealed that the requirements of Article 22.1 of the Law on "Non-Bank Credit Organisations" and paragra...

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