The National Bank of Tajikistan (NBT) has revoked licenses for two companies operating in the country's insurance market, tj.sputniknews.ru reports according to the press service of the Tajik regulator. KAFIL and Bakel-Tilli Tochikiston had their licenses revoked.

The NBT clarified that the decision was made after the license of KAFIL expired. As for the audit activity of the second company, Bakel-Tilli Tochikiston, it has been temporarily suspended due to violation of the Administrative Code of Tajikistan. The company is currently deprived of a license for a period of 6 months.