BAKU, Azerbaijan, March 28. The Central Bank of Azerbaijan (CBA) has revoked the license from Nurana Credit Union, Trend reports referring to the CBA’s report.
Thus, the number of licensed credit unions in Azerbaijan has decreased from 43 to 42.
Nurana Credit Union was established in 2001 in the Barda district with an authorized capital of nearly 38,000 manat ($22,350).