Central Bank of Azerbaijan annuls banking lisence of 2 banks

Central Bank of Azerbaijan annuls banking lisence of 2 banks
  • Clock-gray 18:20
  • calendar-gray 28 April 2020

Central Bank of the Republic of Azerbaijan (CBA) has annuled banking license of two banks operating in the country, APA-Economics reports citing CBA.

The licenses of two of those banks - “Atabank” OJSC and “Amrah Bank” OJSC have been terminated beginning from April 28, 2020, based on the decision of the management Board of the Central Bank adopted on the same day.

APA-Economics

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