Six NBCOs failed to obtain licenses from Central Bank for past 2 years


April 28, Fineko/ Six out of 10 non-bank credit organizations (NBCOs) established in Azerbaijan in 2018-20 were unable to obtain a license from the Central Bank.

ABC.AZ reports that among them are NBCO, created on the basis of MCB Lizinq LLC, the legal successor of Vijn Fund Azərkredit – Azkredit LLC, which is in the process of liquidation, as well as Solis Kapital, Uğur, Azərbaycan Evro-Kredit and Nas Project LLC.