An ecosystem is being formed for banking sector - Ibrahim Alyshov


November 6, Fineko/abc.az. An ecosystem for sustainability and recovery of the banking sector is being formed.

ABC.AZ informs that chairman of the Financial Market Supervision Authority (FIMSA) Ibrahim Alyshov said about that at the 4th International Banking Forum "Cashless Economy: Towards Sustainable Banking".

FIMSA’s chair says that today the banking sector is completely stable, and Azerbaijan occupies the 1st place on loan giving.

Speaking about the work carried out for the stability of the banking sector, Alyshov stressed that FIMSA has done all possible work for this.

"Today, all the efforts were made to ensure financial stability. These factors make Azerbaijan the first in the credit solvency rating. Azerbaijan has already become a country that has its say in the World Financial Control Group. In the future, FIMSA will try to perform its tasks adequately," Alyshov emphasized.

By Elmir Murad