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Central Bank approves new rules for issuing loans to Azerbaijani banks

Business Materials 19 May 2016 20:15 (UTC +04:00)
The Central Bank of Azerbaijan (CBA) has approved the new rules for issuing loans to the country’s banks.
Central Bank approves new rules for issuing loans to Azerbaijani banks

Baku, Azerbaijan, May 19

By Azad Hasanli - Trend:

The Central Bank of Azerbaijan (CBA) has approved the new rules for issuing loans to the country's banks.

Banks can now get three types of loans from the Central Bank.

They are the targeted loans, last-resort loans and refinancing loans, according to the new rules.

The new rules entered into force May 18, 2016.

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