BAKU, Azerbaijan, December 11. The Central Financial institution
of Azerbaijan (CBA) has suspended insurance coverage licenses issued to twenty
people for 3 months, Pattern reviews.
In response to the CBA, this determination was made on December 6 in
compliance with the Insurance coverage Exercise Regulation.
Licenses have been revoked owing to an absence of related reviews.
The Central Financial institution’s main goal is to keep up value stability
inside the limits prescribed by legislation.
With out prejudice to the elemental goal, the Central Financial institution
preserves monetary stability inside the scope of its assigned
authorities beneath monetary market guidelines.