Thursday, June 2 2022 14:30

Central Bank of Armenia revokes license of Nor Horizon credit company

Central Bank of Armenia revokes license of Nor Horizon credit company

ArmInfo.The Central Bank of Armenia has revoked the license of Nor Horizon Universal Credit Company (UCC). This is noted in the message of the Central Bank of the Republic of Armenia.

The Board of the Central Bank made such a decision on May 31. The reason  for this was the violations of the requirements of the legislation  regulating the activities of credit organizations committed by Nor  Horizon UCC.

It should be noted that the license was issued to Nor Horizon UCC on  March 28, 2006.