BAKU, Azerbaijan, April 25. The Central Bank of Azerbaijan (CBA) has voluntarily revoked the license No. BKT-29, issued on November 1, 2014, to Premier Kredit Non-Bank Credit Organization (NBCO) LLC, the CBA told Trend.
Under Article 25.4 of the Law on Non-Banking Credit Organizations of the Republic of Azerbaijan, the decision to revoke the license of a non-banking credit organization takes effect immediately, and the organization is required to cease its activities and be liquidated under the provisions outlined in the Civil Code of Azerbaijan.
