Bank reforms were discussed in the Center for Analyses of Economic Reforms and Communication

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  • The round-table on “Challenges in finance-bank sector of the Republic of Azerbaijan and development perspectives” in the Center for Analyses of Economic Reforms and Communication of the Republic of Azerbaijan. Vusal Gasimli, CAERC Executive Director made opening speech and noted that, the reforms provided in the country created opportunities for bank sector to get out of crisis: “Bank sector must play significant role in the diversification and sustainable development of economy and protection of macroeconomic stability”.

    The reports of Angela Prigozhina, Fernando Dankausa and Lalit Raina, World Ank representatives, were listened. There were provided debates on the capitalization in bank sector, dollarization level, quality of credit portfolio and risk management. It was noted that, the contribution of bank sector to the economic growth must be expanded from the beginning of 2018 year. Therefore, durable economic reforms will play significant role in the framework of strategic road maps.

    The representatives of bank sector, business and academic spheres participated in the event.

     

     

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