NBCO

Azerbaijan to Tighten Rules for Remote Consumer Lending from October 1

Azerbaijan's Central Bank introduces new requirements for banks and NBCOs: clients can prohibit remote loan issuance, and funds will be disbursed with a delay.

Kredit Servis Reduces Authorized Capital

Non-bank credit organization Kredit Servis has reduced its authorized capital by 250,000 manats or 19.5%.

Embafinans to Place Bonds

Non-bank credit organization Embafinans plans to place bonds worth 7 million manats on the Baku Stock Exchange.