"Sanan" credit union suspended from market

The Central Bank of Azerbaijan has cancelled the license of the "Sanan" credit union. This is reported on the website of the regulatory body in the register of credit unions. According to the information, thus, the number of licensed credit unions in the country has decreased to 39. Note that the "Sanan" credit union has been operating in the Lenkoran region since 2010 with an authorized capital of 4,000 manats.

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