FIMSA revokes licenses of 9 credit unions - EXCLUSIVE

Baku. 3 December. REPORT.AZ/ The Financial Markets Supervisory Authority (FIMSA) has revoked licenses of nine credit unions.

Report informs that these credit unions are “Cavid” in Sharur, “Ekonom” and “Shahseven” in Beylagan, “Fermer-Marketing” in Barda, “Goyche” and “Nicat” in Shaki, “M.F.” in Baku, “Mirgasim” in Imishli and “Uch gardash” in Salyan.

The number of credit unions fell from 70 to 61.