Bank Of Baku

Azerbaijan-based non-banking credit companies may be licensed of universal bank

Azerbaijan-based non-banking credit companies may be licensed of universal bank
# 12 April 2010 15:13 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The Central Bank of Azerbaijan (CBA) develops statements about non-banking credit companies, Rashad Orujov, the Director of Banking Supervision Department of CBA told APA.

According to him, the rules about registration problems were submitted to the Ministry of Justice. After ratification of these rules the non-banking credit companies which take interest in the license of universal bank may lodge appeal to CBA.
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