Tuesday, 02 January 2024 12:17 GMT

CBA Initiates Basel III Liquidity Reforms To Boost Financial Stability


(MENAFN- AzerNews)

The Central Bank of Azerbaijan (CBA) is set to begin the phased implementation of the Liquidity Coverage Ratio (LCR), a core component of the Basel III international banking standards, starting August 1, 2025. This regulatory move is expected to enhance the liquidity management and financial stability of the Azerbaijani banking sector.

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