Leadership Of CBA And Tajikistan's National Bank Discuss Reforms In Insurance System
Date
2/28/2023 2:31:08 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 28. The
leadership of Azerbaijan's Central bank (CBA) has discussed the
reforms in the insurance system with the leadership of Tajikistan's
National Bank during a working visit to Dushanbe, the capital of
Tajikistan, trend reports via the tweet of CBA's Governor Taleh Kazimov.
'We met with Kholiqzoda Hokim Hikmatullo, Chairman of
the National Bank of Tajikistan. We discussed expansion and
prospects of cooperation between the Central Bank of Azerbaijan and
the National Bank of Tajikistan. We also exchanged opinions on the
macroeconomic situation, development outlook of the
financial–banking sector, reforms in the insurance system and other
topics,' said the tweet.
The trade turnover between Azerbaijan and Tajikistan
from January through December 2022 amounted to $5.811 million.
In 2022, the total fees of the 10 leading insurance
companies of Azerbaijan amounted to 881.8 million manat ($518.7
million), or 90.83 percent of the total insurance fees, and the
overall fees of all insurance companies of Azerbaijan in the
reporting period amounted to 970.8 million manat ($571.06
million).
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