BAKU, Azerbaijan, March 19. Mechanisms for
supporting small and medium-sized businesses (SMEs) were discussed
in Azerbaijan, Taleh Kazimov, Chairman of the country's Central
Bank (CBA), wrote on his X page, Trend reports.
"We held another extensive meeting of the Cooperation Council
with Entrepreneurs under the management board of the CBA. Together
with the heads of the institutions represented in the council, we
held extensive discussions on financing the real sector, further
facilitating access to credit resources, mechanisms for supporting
small and medium-sized businesses (SMEs), and the application of
innovative financial instruments.
The issues and proposals raised by entrepreneurs play an
important guiding role for us. The meeting focused on supporting
small and medium-sized businesses, improving credit conditions,
optimizing collateral mechanisms, and expanding digital financial
services.
Ongoing communication between the financial and banking sectors
and the business community will enhance mutual confidence," he
noted.
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