Central Bank Of Azerbaijan, BSTDB Discuss Prospects For Co-Op
Date
6/17/2023 7:11:42 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 18. The future
directions of cooperation between the Central bank of Azerbaijan
(CBA) and the Black Sea Trade and Development Bank (BSTDB) were
discussed, trend reports via the CBA Governor Taleh Kazimov's tweet.
"Today, a meeting was held at the Central Bank with a delegation
headed by BSTDB President Serhat Koksal, who is visiting our
country. We exchanged views on the current state and future
directions of cooperation between the CBA and the BSTDB," he
noted.
BSTDB became the first multilateral development bank to issue a
local currency bond in Azerbaijan. The two-year bond for the amount
of 10 million manat ($5.8 million) was placed on the Baku Stock
Exchange on August 1, 2019.
The BSTDB bond issuance in manat supports the program of the
government of Azerbaijan for the de-dollarization of the financial
sector.
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