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NATIONAL BANK RECALLS LICENSE OF A CREDIT UNION

Business Materials 16 July 2005 14:47 (UTC +04:00)

The National Bank of Azerbaijan recalled a license of the credit union �Inam’ due to failure of completion of an audit and presentation of a quartile financial report in 3 days in accordance with Articles 6.4.4 and 6.4.9 of the Rules on Licensing credit unions for banking operations, Trend reports.

The liquidation commission is established to liquidate the union.

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