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Azerbaijan To Promote Banks' Participation In Capital Markets
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 26. The "State Program
for expanding financial inclusion for 2027-2030" approved by
President of Azerbaijan Ilham Aliyev envisages promoting more
active participation of banks in capital markets, Trend reports.
In accordance with paragraph 8.2.5 of the program, it's recommended to implement measures to promote direct participation of banks in capital markets.
The Central Bank of Azerbaijan (CBA) is designated as the main implementing body in this area, and it is planned to involve the Azerbaijan Banking Association (ABA) and the Azerbaijan Capital Markets Association (ACMA) in the implementation of the measures.
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