The Central Bank has revoked the license of the credit union

NEWS FEED03.09.2026
The Central Bank has revoked the license of the credit union

The Central Bank of Azerbaijan (CBA) has revoked the license of “Ishguzar-Kredit Ittifaqi” LLC.

Regarding this, “Elchi” reports, citing the CBA.

With this, the number of credit unions has dropped to 35.

It should be noted that “Ishguzar-Kredit Ittifaqi” was established in 2010.