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Azeri cenbank says revokes licence from Texnikabank

BAKU, Feb 2 (Reuters) - Azerbaijan’s central bank said on Tuesday it had revoked the banking licence of medium-sized lender Texnikabank.

The number of banks working in Azerbaijan stood at 43 at the beginning of this year. A financial market source has said the number of local banks may fall to 30 already this month. (Reporting by Nailia Bagirova; Writing by Dmitry Solovyov; Editing by Maria Kiselyova)

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