Azerbaijan takes part in WFE annual meeting
‘Baku Stock Exchange' (BSE) has started its work since 19 November to take part in the annual meeting of the World Federation of Exchanges (WFE), which will end on 22 November.
According to the BSE, this time the meeting was held jointly with the Malaysian stock exchange organisation. The meeting is to discuss issues such as trends in stock exchanges, changes in the infrastructure of modern exchanges, co-operation between international exchanges, innovation, building bridges between capital markets, exposure of capital markets to changes in the world and maintaining stability.
BSE Chairman Ruslan Khalilov met with Malaysian Exchange Chairman Datuk Muhammad Umar Swift and discussed co-operation initiatives between the two exchanges.
As a reminder, the BSE has been a member of the WFE since January 2020. Applying international expertise to Azerbaijan's capital markets, strengthening the ecosystem, transparency and trust in the market are among the main issues the BSE is focusing on.
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- Difficult question
- 21 November 2024 13:22
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- Economics
- 21 November 2024 13:38
Finance
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In spite of the fact that the Central Bank of Azerbaijan (CBA) has created an opportunity to issue daily loans to non-bank credit organisations ( NBCOs) in 2024, it is not interested in the rapid development of this type of lending.
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Amount of notes issued by the Central Bank of Azerbaijan (CBA) went down 6.3 times in 2024.This is reported on the structure's website.
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By the end of 2024 there were about 150,000 bank depositors in Azerbaijan.
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‘Kapitalbank’ will hold an extraordinary general meeting of shareholders on 25 February at 11: 00.
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