(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 13. The Central
Bank of Azerbaijan (CBA) has suspended the licenses of four
individual insurance agents, Trend reports citing CBA.
The revocation of licenses is based on the Central Bank Board's
decision related to a repeated license suspension of the mentioned
insurance agents within 12 months in accordance with Article
107.1.3 of the Law of the Republic of Azerbaijan 'On insurance
activity'.
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