(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 10. The
Central Bank of Azerbaijan (CBA) works together with the
international company on financial market development, CBA CEO
Togrul Aliyev said during a scientific and practical conference on
"Ways of successful resolution of banking disputes", trend reports.
According to him, Azerbaijan has a great potential for
development in the areas of lending to both the population and
business, taking into account international practice.
"Mortgage lending in Azerbaijan is accessible to all
citizens, which is difficult to achieve in some other countries.
Moreover, business lending in Azerbaijan does not experience any
special problems in obtaining finance. We believe that the CBA's
efforts to reduce and resolve problem loans are effective, and we
will achieve the best results in the coming years," Aliyev
said.
As Aliyev noted, the resolution of problem loans and
ensuring the availability of finance is envisaged in the National
Strategy of Socio-Economic Development until 2026.
Will be updated
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