(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 21. The
Azerbaijan Bank Association (ABA) and the Asian Development Bank
(ADB) have conducted consultations on risk management, trend reports via the
The consultations were held as part of the ADB's
During the meeting, the mission members held
consultations with interested parties to collect information
related to the main thematic areas of risk management as well as to
confirm and update information obtained from reference
On Feb. 17, 2023, as part of the mission, members of
the ABA's Risk Management Expert Group and representatives of other
banks met with the ADB's Principal Public Management Specialist,
Mission Head Jose Luis Syquia, Senior Economics Officer Nail
Valiyev, and ADB Advisor Dennis Lorne Nacario.
The Azerbaijan Banks Association (ABA) was established
in 1990 on the initiative of ten private banks and was originally
known as the 'Azerbaijan Commercial and Cooperative Banks
The main purpose of the association is to protect the
interests of member organizations, assist in meeting their needs in
various types of business services, and coordinate their
activities. The Azerbaijan Banks Association's members are 25 banks
and 5 non-banking organizations.
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