Central Bank discusses expansion of activities of non-bank credit organizations in Azerbaijan

The Central Bank of Azerbaijan (CBA) has discussed expanding the activities of non-bank credit organizations (NCOs) in the country, Report informs, citing CBA Governor Taleh Kazimov's post on Twitter.

According to Kazimov, this topic was discussed at a meeting with the management of Azerbaijan Microfinance Association and member organizations of the association.

"The meeting focused on the development of the financial sector in Azerbaijan, including the expansion of the activities of NCOs, increasing the access of entrepreneurs to finance in the regions," Kazimov tweeted.