Foreign Banks Should Be Investment Banks In Order To Work In Azerbaijan - CBA


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 5. It is important that foreign banks wishing to work in Azerbaijan should be investment banks, Chairman of the Central Bank of Azerbaijan Taleh Kazimov said at the meeting of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship, trend reports.

He noted that there are currently a sufficient number of banks providing consumer loans in Azerbaijan.

"A total of 24 of our banks work in this area. The support of small and medium-sized businesses, and the presence of corporate and investment banks are also very important," he said.

MENAFN05062023000187011040ID1106387294


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.