The National Bank suspended and revoked the licenses of two financial institutions

The National Bank has taken measures against two financial institutions for violating the requirements of the law and regulatory legal acts of the regulator.

Thus, from January 28 to February 6 inclusive, the license of the exchange bureau of Furkat Valuta LLC was suspended. The relevant license was issued to the company in April 2023. The exchange office operated in the central market in the city of Uzgen.

In addition, by a decision of the Supervisory Committee of the National Bank, the license of the financial cooperative “Credit Union Timur TSD” was revoked. The license, issued in October 2016, expired on January 23.