Central Bank Of Azerbaijan And Swiss National Bank Talk On Co-Op Prospects
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 2. The Central bank of
Azerbaijan (CBA) and the Swiss National Bank (SNB) have negotiated
the prospects of cooperation, said Governor of CBA Taleh Kazimov on
X, Trend reports.
The publication notes that a bilateral meeting was held with the
Chairman of the Governing Board of SNB, Thomas Jordan.
"During the meeting, we discussed the current situation and
prospects for cooperation between the central banks of both
countries," Taleh Kazimov wrote.
Kazimov emphasized Jordan's significant contribution to
strengthening cooperation between the institutions and fostering
strong partnership relations among constituency countries at the
World Bank and the International Monetary Fund.
To note, currently, the delegation of CBA is in Tajikistan and
has already held a meeting with the leadership of the country's
National Bank.
During the meeting, the parties discussed the development of
bilateral cooperation, supported by the signing of memoranda of
cooperation.
The bank heads also discussed expanding cooperation within the
banking sector and affirmed their commitment to advancing to a new
level of collaboration.
They emphasized the importance of creating favorable conditions
for opening Azerbaijani banks or their representative offices,
expanding correspondent relations between commercial banks in both
countries, sharing expertise in banking supervision and insurance,
developing the capital market, and implementing international
standards for financial reporting as the next priorities in
bilateral relations.
MENAFN02072024000187011040ID1108397607
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.