World Bank to Prepare Recommendations on Financial Stability in Azerbaijan

The President of the Board of Directors of the Financial Markets Supervision House (FMSH) Rufat Aslanli discussed the WB recommendations on the financial stability in Azerbaijan with the Chief Specialist of the World Bank Angela Prigogine on November 4. As Turan was told in the FMSH press service, the main subject of the discussion was the action plan for reforms in the field of banking supervision, including deposit insurance and solving problems on non-performing loans.

The action plan also includes areas of legal, regulatory and supervisory framework of the financial market in Azerbaijan. -----08D

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