CBA Governor Meets with Commercial Bank Leaders

BAKU, Azerbaijan, July 22. Governor of the Central Bank of Azerbaijan (CBA) Taleh Kazimov met with heads of commercial banks, Trend reports with reference to the CBA.

The objective of the meeting was to discuss the results of the first half of 2022 in the country’s banking sector, the impact of recent macroeconomic trends on the country’s financial and banking sector, the increase in the role of the banking system in the economic development, etc

Macroeconomic and financial stability has been ensured in Azerbaijan thanks to ongoing reforms and development policy, Kazimov noted at the meeting.

Kazimov pointed out that the work on strengthening the leading role of the banking system in the development of financial inclusion in Azerbaijan, flexible adaptation to the latest global challenges of modern banking, achievement of new goals for sustainable support of the financial and banking sector in the development of the national economy and in other fields will be actively pursued in the future.

Leaders of commercial banks spoke about macroeconomic and financial stability in Azerbaijan, increasing financial inclusion, development of banking trends and sustainable development.

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