Central Bank launches a search info system


May 17, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has presented today its search information system of financial products and services.

The CBA reports that the system is part of the financial education portal (www.bizimpullar.az) and is a platform for obtaining information from a single source and making rational decisions when choosing products and services.

"The system also simplifies access to financial services, stimulates the use of these services, increases competition in the financial services market, improves their quality and the conditions for their receipt," the Bank says.

Banks of Azerbaijan have already connected to the system, while non-bank credit organizations, payment agents and other organizations providing financial services are expected to connect to it in th near future.