NBCO

The Central Bank of Azerbaijan has published a review of non-banking credit organisations (NBCOs) for 2024.

In spite of the fact that the Central Bank of Azerbaijan (CBA) has created an opportunity to issue daily loans to non-bank credit organisations ( NBCOs) in 2024, it is not interested in the rapid deve...

The Central Bank of Azerbaijan has fined officials of non-bank credit organisations 'Nova Credit', 'Azpul' and 'Mercury'.This is reported on the CBA website.

A delegation of the National Bank of Uzbekistan (NBU) visited the Central Bank of Azerbaijan (CBA) to study the scope of supervision over non-banking credit organisations.This is reported on the CBA w...

The possibility to issue daily loans to Azerbaijan's non-bank credit organisations (‘NBCOs’) is now available. This is specified in the ‘Rules for Credit Risk Management of NBCOs’ approved by the Cent...

The Central Bank of Azerbaijan (CBA) has approved the ‘Rules of Credit Risk Management in Non-Bank Credit Organisations’.

The Board of the Central Bank of Azerbaijan has approved ‘Rules of prudential regulation of activity of non-bank credit organisations’.

In January-August 2024, two state financial institutions of Azerbaijan jointly paid dividends in the amount of AZN 169.9 million, or about $100 million. This is stated in the conclusion of the Account...