BAKU, Azerbaijan, May 13. Joint initiatives
between the Central Bank of Azerbaijan (CBA) and the Asian
Development Bank (ADB) aimed at supporting the development of the
financial sector were discussed, Trend reports.


The talks took place during a meeting between Aliyar
Mammadyarov, First Deputy Chairman of the Central Bank, and a
delegation led by Christine Engstrom, Director General of the
Sectors Department 3 (SD3) at the Asian Development Bank (ADB).


The meeting covered the current state of cooperation between the
CBA and the ADB, reforms underway in the financial sector, green
finance, and joint initiatives to support the development of the
financial sector.







The meeting also featured a detailed exchange of views on the
development of relations between the Central Bank and the ADB and
opportunities for technical assistance.