Azerbaijan, Switzerland Discuss Prospects Of Cooperation In Banking Sector
(MENAFN- AzerNews)
Ulviyya Shahin
Read more
"Prospects for cooperation between the Central bank of
Azerbaijan (CBA) and the Swiss National Bank (SNB) were
discussed."
Azernews reports that CBA Chairman Taleh Kazimov shared this
information on his "X" social Network account.
"During a business trip to Tajikistan, we held bilateral talks
with Tomas Jordan, Chairman of the Central Bank of Tajikistan. We
discussed the current situation and future prospects for
cooperation between our central banks. T. Jordan emphasized the
importance of enhancing collaboration between our institutions and
fostering close partnerships within the Electoral Group countries.
We expressed gratitude for his significant contributions to
promoting these initiatives. We wished Mr. Jordan success in his
new endeavors," Kazimov stated.
The Central Bank of Azerbaijan (CBA) is the country's monetary
authority responsible for formulating and implementing monetary
policy, regulating financial institutions, and maintaining price
stability.
It plays a crucial role in overseeing Azerbaijan's financial
system and promoting economic stability through its monetary policy
decisions.
The Swiss National Bank (SNB) is Switzerland's central bank,
responsible for monetary policy, issuing Swiss franc banknotes, and
managing Switzerland's foreign exchange reserves.
It is known for its independence and its role in maintaining
price stability and supporting the Swiss economy.
MENAFN02072024000195011045ID1108398052
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.