Central Bank of Azerbaijan has issued a license to NBCO AzFinance


September 24, Fineko/abc.az. By the decision of the Board of the Central Bank of Azerbaijan, a license was given to non-bank credit organization AzFinance LLC.

Thus the number of NBCOs licensed in the country has reached 52.

The State Tax Service under the Ministry of Economy registered AzFinance in July of this year. Its legal address is Baku, Yasamal district, 36 Ismail bey Gutgashinli Street (Block 488/489). The authorized capital meets the minimum requirements established for NBCO – 300,000 manats, and the legal representative is Ilgar Aliyev.