ADB ready to support improvement of Azerbaijan

  13 June 2016    Read: 2339
ADB ready to support improvement of Azerbaijan
The Asian Development Bank (ADB) is ready to support Azerbaijan`s financial sector improvement.
This was announced at the meeting of members of the board of directors of Azerbaijan`s Financial Market Supervisory Body with the ADB delegation headed by the bank`s Executive Director Mathew Fox, Azerbaijan`s Financial Market Supervisory Body said in a message June 13.

The ADB executive director at the meeting stated about support for important steps taken to ensure stability of Azerbaijan`s financial sector and the recently implemented reforms.

Cooperation framework of Azerbaijan`s Financial Market Supervisory Body with the ADB was discussed at the meeting.

Azerbaijan`s Financial Market Supervisory Body was created by the decree of the country`s president dated February 3, 2016 in order to ensure stability of financial sector and improve oversight mechanisms in this area.

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