The National Bank of Kyrgyzstan revoked licenses of two credit unions and one financial cooperative. Website of the National Bank of the Kyrgyz Republic says.
According to it, the decision was made because of violation of the requirements of the legislation of Kyrgyzstan and the regulatory legal acts of the National Bank. The licenses were revoked from the financial cooperative Credit Union Ilitar and the credit unions Dzhumayat and Bereke-Kench.
In addition, certificate of registration was withdrawn from Alliance Credit microcredit company for non-performance of activities on providing microcredits for more than one year, violations of the requirements of the legislation and regulatory legal acts of the National Bank.
