Baku, Azerbaijan, Oct. 5
By Anvar Mammadov – Trend:
Azerbaijan’s Financial Market Supervisory Body has revoked the license of the non-bank credit organization Nakhchivan Credit, said the Supervisory Body in a message Oct. 5.
The decision was made by the Board of Directors of the Financial Market Supervisory Body on the basis of Nakhchivan Credit’s appeal.
Founders of Nakhchivan Credit decided to close down, and appealed to the Supervisory Body in connection with the issue, according to the message.
Nakhchivan Credit started to operate in 2006.