Legislation on NBCO to be revised

14:57 - 30.06.2021

June 30, Fineko/abc.az. The legislation in connection with non-bank credit organizations (NBCOS) will be revised in Azerbaijan.

ABC.AZ reports that this is stated in the message of the Microfinance Association of Azerbaijan.

30 июня, Fineko/abc.az. В Азербайджане будет пересмотрено законодательство в связи с небанковскими кредитными организациями (НБКО).

It was noted that the Association will prepare proposals aimed at the development of this sector:

"A working group has been established in this direction and discussions have begun. The Central Bank has an operational approach to this area."

 

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