Azerbaijan's central bank revokes licences from two banks

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17:03 | 26.01.2016

Azerbaijan's central bank revokes licences from two banks

Azerbaijan's central bank said on Tuesday it had revoked banking licences from two lenders, Yunayted Kredit Bank and NBC Bank ASC, for failing to meet capital requirements and obligations to clients.

Two more banks were closed down for the same reasons earlier this month.

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Azerbaijan's central bank revokes licences from two banks

Azerbaijan's central bank revokes licences from two banks

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