Baku, Azerbaijan, April 25. The Central Bank
of Azerbaijan (CBA) has voluntarily revoked the license No. BKT-29,
issued on November 1, 2014, to Premier Kredit Non-Bank Credit
Organization (NBCO) LLC, the CBA told Trend.
Under Article 25.4 of the Law on Non-Banking Credit
Organizations of the Republic of Azerbaijan, the decision to revoke
the license of a non-banking credit organization takes effect
immediately, and the organization is required to cease its
activities and be liquidated under the provisions outlined in the
Civil Code of Azerbaijan.