BAKU, Azerbaijan, April 6. The leadership of
the Azerbaijan Banks Association (ABA), as part of an official
visit to the People’s Republic of China, held a business meeting
with the leadership of the Asian Financial Cooperation Association
(AFCA), Trend
reports
The meeting, organized by the Azerbaijan Banking and Financial
Training Center (ABFTC), was attended by ABA President Zakir
Nuriyev, Executive Director Yunus Abdulov, Chief Economist Azizaga
Hakhverdiyev, as well as representatives of Azerbaijan’s leading
banks.
Opening the meeting with a welcoming speech, ABA President Zakir
Nuriyev and AFCA leadership greeted the participants and emphasized
the strategic importance of cooperation between the financial
institutions of the two countries. During the event, AFCA
representatives were provided with detailed information about
Azerbaijan’s current macroeconomic situation, financial stability
indicators, and modern trends in the banking sector. The activities
of ABA, the services it provides to member banks, and its
international partnership projects were also highlighted.
Key outcomes of the meeting:
Official Membership Application: At the end of the event, a
ceremony was held to sign the official application for the
Azerbaijan Banks Association to join AFCA.
Exchange of Experience: The parties reached an agreement on
implementing joint projects and expanding mutual exchange of
experience and information.
Regional Cooperation: Preliminary discussions were held on
hosting one of AFCA’s future international events in Azerbaijan. It
was noted that such an initiative would make a significant
contribution to strengthening regional financial cooperation.
The meeting concluded with discussions on other issues of mutual
interest.
