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Azerbaijan's NBCO reduces its charter capital

Economy Materials 6 March 2026 17:53 (UTC +04:00)
Azerbaijan's NBCO reduces its charter capital
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, March 6. The Credit Implementing Agency Non-Banking Credit Organization (NBCO) has reduced its charter capital, the NBCO's statement says, Trend reports.

The organization’s general assembly decided to decrease the capital to 259,274 manat ($152,000), down from 324,166 manat ($190,000). This marks a reduction of 64,892 manat ($38,000).

Creditors can address inquiries to the following address: AZ 1141, Baku, Yasamal district, A. Hagverdiyev street, 574th neighborhood, building 1, apartment 4.

The NBCO was registered in 2009. Arif Aliyev is its legal representative.

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