Draft bill on Non-Bank Credit Organizations submitted to government

Draft bill on Non-Bank Credit Organizations submitted to government
# 19 April 2007 12:43 (UTC +04:00)
National Bank of Azerbaijan has submitted draft bill on Non-bank credit organization to government. The document was developed by the participation of micro finance organizations and foreign experts.
The sources in the government told APA-Economics that draft bill envisages legal management of non-bank credit organizations’ activity, stimulation of their activity and some other issues.
The daft law expected to be discussed in autumn session of Azerbaijan’s Parliament. /APA-Economics/
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THE OPERATION IS BEING PERFORMED