BAKU, Azerbaijan, February 9. The Central Bank
of Azerbaijan (CBA) has discussed cooperation opportunities with
the Luxembourg Financial Technology Transfer Agency, Trend reports via the
CBA.
According to the information, a delegation of the agency visited
the bank.
The CBA Executive Director Shahin Mahmudzade met with the
delegation.
Within the framework of the visit, the delegation also
participated in meetings with representatives of the Azerbaijan
Banking Association, the Azerbaijan Insurers Association, the
Azerbaijan Microfinance Association, and the Azerbaijan Fintech
Association, as well as with representatives of the structural
units of banks for training and development.
During the meetings, feedback was received on the training
organized for Azerbaijan with the support of the agency,
information was collected on current training needs, and a broad
exchange of views was held on future cooperation opportunities.
The Luxembourg Financial Technology Transfer Agency (ATTF),
established in 1999 and now part of the House of Training, focuses
on transferring financial expertise to emerging nations to
strengthen their financial systems. Its mission is to promote
economic development and alleviate poverty through training and
consultancy.
The ATTF has trained over 30,000 professionals from more than 40
countries, conducting seminars and workshops both locally and
abroad. Key areas of focus include risk management, private
banking, and financial sector security. Acting as a bridge between
Luxembourg's financial expertise and developing countries, the ATTF
also supports the establishment of local training academies.
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