CBU revokes license of Najot Faiz Nukus Microcredit Tashkiloti — UzDaily.uz
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CBU revokes license of Najot Faiz Nukus Microcredit Tashkiloti
CBU revokes license of Najot Faiz Nukus Microcredit Tashkiloti

CBU revokes license of Najot Faiz Nukus Microcredit Tashkiloti

Tashkent, Uzbekistan (UzDaily.com) -- The Central Bank of Uzbekistan withdrew a license of Najot Faiz Nukus Microcredit Tashkiloti (Nukus, Karakalpakstan), which provided right to carry out activities of microcredit organization.

The regulator’s statement said that the license of the microcredit organization was revoked due to violations of the legislation of Uzbekistan, including legal acts of the Central Bank.

In line with law “On Central Bank of Uzbekistan”, law “On microcredit organization”, law “On licensing separate types of activities”, the Board of the Central Bank of Uzbekistan adopted the decision to abolish license of the Najot Faiz Nukus Microcredit Tashkiloti.

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