NBCO
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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...
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The Central Bank of Azerbaijan (CBA) has approved the ‘Rules of Credit Risk Management in Non-Bank Credit Organisations’.
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The Board of the Central Bank of Azerbaijan has approved ‘Rules of prudential regulation of activity of non-bank credit organisations’.
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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...
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The Central Bank of Azerbaijan has fined officials of non-banking credit organisations 'MJ Financial Services', 'Para' and 'Azpul'. This is reported by the CBA.
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The Central Bank of Azerbaijan has fined three officials of non-banking credit organisations. This is reported on the CBA website.
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As of the end of September 2024, Azerbaijani non-bank credit organisations (NBCOs) had a balance sheet capital of AZN 462.2 million.This is stated in the NBCO review published by the Central Bank of A...
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As of the end of September 2024, the Azerbaijani non-bank credit organisations (NBCOs) had liabilities worth AZN 517.7 million.This is stated in the NBCO review published by the Central Bank of Azerba...
