8 minutes agoBerisha says Kosovo has won the case against APUeteCreditı in International Referee
Periskopi(4 years ago)
(4 years ago)Renowned Kosovo lawyer Besnik Berisha has announced that the Republic of Kosovo has won the case against lute Credit at the International Court of Arbitrazhi. Berisha himself has made it known through a Facebook post, based on his sources as a lawyer who has led the process of selecting [the] representative.
Berisha himself has made it known through a Facebook post, based on his sources as a lawyer who has led the Kosovo representative's selection process.
The lawyer has expressed happiness for the “debaklin” this bank, which the microfinance institution had reduced the license in 2019.
I feel proud of the country today, and why, Sokol Havolli tells them. I swear to God, we've done it to him, and I'm happy for this forever. Pray Credit, who has harvested our citizens with potential cynatrics, has eventually been suffering debakle in front of the Republic of Kosovo!”, Berisha wrote.
The microfinance institution “ute Credit”, which was obtained license from the Kosovo Central Bank, had sent Kosovo to the International Court of Arbitrazhi of the International Chamber of Commerce.
“After the Kosovo Central Bank has not provided an explanation or solution regarding the sudden and illegal removal of the license from the warte Credit Kosova, the mother company has submitted a request for arbitration at the International Chamber of Commerce's International Court of Arbitrazh,”, said in the announcement of Lute Credit.
According to the UteCredit Europe, by revoteing business license, Kosovo has violated certain obligations under the Foreign Investment Law, as is the obligation to address “Iute Credit” with a fair and equal approach under provisions 3, 5, and 7.
ItteCredit is the Estonian-born microfinance body that focuses mainly on installment loans, including car loans.
The executive board of Kosovo Central Bank (BQK), on December 6, 2019, has made a decision to close the non-banking institution “Monego” and microfinance institution “
This was made known by BEC Governor Fehmi Mehmeti at an extraordinary media conference.
The BQC's “Bord basing on competency has decided to revote registration procedures and initiate liquidation procedures for the microfinance institution “Iute Credit” and non-bank financial institution “Monego”. During these years they have strayed from business plans”, Mehment said. /Periscopi/
