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Август
2022

Central Bank of Azerbaijan to issue loans to local banks through auction

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The Central Bank of Azerbaijan (CBA) has changed rules for issuing loans to local banks. In this regard, the chairman of the structure Taleh Kazimov signed a resolution.According to changes, from now on, Azerbaijani banks will receive loans from the regulator for up to 6 months through an auction. There should be no restrictions or prohibitions in the activities of a bank wishing to participate in an auction.Also, a prerequisite is the absence of the ...



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