Tuesday, 02 January 2024 12:17 GMT

Azerbaijan Explores Potential For ADB Engagement In Financial Sector (PHOTO)


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 3 , The prospects for the Asian Development Bank (ADB) to participate in Azerbaijan's financial sector have been assessed, Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov wrote on his X page, Trend reports.

A meeting was held with a delegation led by the ADB Executive Director Rachel Thompson at the CBA.

Meanwhile, the meeting also featured a detailed exchange of views on the challenges facing the global economy, the economic situation and development trends in the country, monetary policy, improving the supervisory and regulatory framework in the insurance sector, and the sector's potential.

"During the meeting, we discussed the possibilities of future cooperation between the Central Bank and the ADB, as well as the prospects for the ADB to participate in the country's financial sector," the chairman added.

MENAFN03092025000187011040ID1110010980

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.

Search