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CBA, EBRD discuss implementation of Azerbaijan’s financial sector strategy

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BAKU, Azerbaijan, July 5. Opportunities for
teamwork in between the Central Bank of Azerbaijan (CBA) as well as the
European Bank for Reconstruction as well as Development (EBRD) on the
implementation of the company’s strategy for the financial
sector of Azerbaijan for 2023-2027 have actually been talked about, Trend records.

As CBA Chairman Taleh Kazimov composed on his Twitter web page,
adhering to the conference with a delegation led by EBRD Executive
Director for Eastern Europe as well as the Caucasus Matteo Patrone, as
well as the recently selected EBRD Regional Director for the Caucasus
Alkis Vrienios Drakinos, as well as Natalia Muravidze, Head of the EBRD
Office for Azerbaijan, the sides revealed point of views regarding the
teamwork in the financial sector.

“In enhancement, we reviewed the existing state as well as future locations of
teamwork in between the Central Bank as well as the EBRD,” the magazine
states.

The EBRD has actually been accepting Azerbaijan given that 1992, as well as is
presently the leading capitalist in the nation. As of May 31, 2023,
the task profile of the EBRD in Azerbaijan totaled up to 813
million euros. The financing profile is meant for the
implementation of 34 tasks. Overall, the financial institution has actually spent over
3.538 billion euros in Azerbaijan in 188 tasks.

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