WB studies progress of financial sector modernization in Azerbaijan


November 6, Fineko/abc.az. Acting Executive Director of the Azerbaijan Deposit Insurance Fund (ADIF) Vugar Abdullayev has received the mission of the World Bank.

The ADIF reports that WB senior financial sector specialist Anzhella Prigozhina headed the mission within the 2nd phase of the Financial Sector Modernization Project.

"During the meeting the parties discussed the progress of the project and future moves, the reforms implemented in the field of deposit insurance in Azerbaijan, and the measures taken to ensure efficiency, transparency and accelerate the liquidation process," it was reported.

Also, the WB and the ADIF covered the question of expanding cooperation between them," the ADIF informed.