NBCOs to be able to render payment agent services as well

17:28 - 5.12.2023

December 5, Fineko/abc.az. The scope of activities of non-bank credit organizations is under expansion.

ABC.AZ reports that this is reflected in the proposed amendment to the Law on NBCOs, discussed at a meeting of the parliament.

According to the being-discussed draft document, NBCOs will be able to render payment agent services.

The draft document was put to the vote and adopted in the 3rd reading.

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