Azerbaijan to expand penetration of insurance sector


February 21, Fineko/abc.az. The Operational Plan on the Strategic Roadmap 2018 has been discussed at the Financial Market Supervision Chamber of Azerbaijan (FIMSA).

The Chamber informs that during discussion Chamber’s executive director Ibrahim Alyshov gave instructions to the heads of the working groups.

"Alyshov has tasked to ensure encouraging the application of the new insurance instruments and increased penetration of the insurance sector as a whole, improvement of the regulatory framework of the banking sector, making of a plan on transition to Basel II requirements, definition of the new listing procedures, ensuring activity of the register of movable property encumbrance," FIMSA said in a statement.



Keywords: FIMSA