Azerbaijan & UAE Sign Memorandum Of Co-Opt In Field Of Banks
Date
2/20/2023 8:12:36 AM
(MENAFN- AzerNews)
Qabil Ashirov read more Azerbaijan Banks Associations (ABA) and the United Arab Emirates
Bank Federation signed a memorandum of cooperation, Azernews
reports, citing ABA.
According to ABA, the memorandum was inked by Jamal Saleh,
General Director of the United Arab Emirates Banks Federation, and
Zakir Nuriyev, President of ABA.
'Within the framework of the memorandum, the cooperation in the
field of the promotion between the parties, the development of
bilateral relations, the establishment of closer business relations
between the banking sectors, holding events including joint
education and training programs, the exchange of information
between banks which are members of the organizations, the
development of correspondent relations, etc. are planned,' the ABA
added.
Notably, the Azerbaijan Banks Association (ABA) was founded in
1990 by commercial banks. The main purpose of ABA is to protect the
interests of member organizations, to provide assistance in meeting
their needs for various types of business services, and to
coordinate their activities. Currently, 25 banks and 5 non-banking
organizations are members of ABA.
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