» The CB revoked Varks.am's license

The CB revoked Varks.am's license

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On March 24, 2020, the Board of the Central Bank of the Republic of Armenia has abolished the license of Credit Organization UCO CJSC to violate the requirement of minimum amount of total capital. This was reported by the Public Relations Service of the Central Bank of Armenia.

  (A credit organization lends to funds from its founders and does not have the right to attract funds from individuals - deposits).