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Four NBCOs licensed over past 3 years

28.04.2021,11:55


April 28, Fineko/abc.az. The Central Bank, the regulatory body, has issued licenses to four NBCOs over the past 3 years.

ABC.AZ reports that among them are: Birkart LLC (owned by Kapital Bank), MJ Financial Services LLC (owned by MJ Leasing LLC), Prior Credit CJSC (owned by Prior Leasing CJSC),  and Optimal Finance LLC.

In 2021 two more NBCOs were established in Azerbaijan - FNC LLC and Partner Finance. They are also waiting for a license from the Central Bank.