Elman Rustamov: Specialists from Turkey invited in connection with property insurance

13:04 - 31.01.2020


January 31, Fineko/abc.az. We have invited experts from Turkey for serious work in the field of property insurance in Azerbaijan. They have very good traditions and programs in this area.

ABC.AZ reports that the relevant statement was made by Central Bank’s chairman Elman Rustamov at a news conference on the announcement of the parameters of the interest rate corridor.

According to Rustamov, thanks to them, it is planned to conduct serious work in the field of property insurance in Azerbaijan.

Rustamov stressed that a mechanism will be developed for this purpose: "We’re seriously working in this direction, and in this regard we’ll submit proposals to the government. As you know, an earthquake recently occurred in fraternal Turkey. We saw how they were liquidating the problem with the insurance program that appeared at that time. They have a very good property insurance mechanism."

By Elmir Murad

 

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