Serious reforms to be conducted in financial sector


October 20, Fineko/abc.az. The Central Bank also takes an active part in the formation of the strategy defined by President Ilham Aliyev.

ABC.AZ reports that the relevant statement was made by Central Bank’s chairman Elman Rustamov.

According to Rustamov, in this regard, the financial sector has set quite serious tasks:

"Very serious reforms will be carried out in the financial sector. In the coming period the banking sector and every financial institution should seriously think about corporate development, the introduction of corporate governance standards, the development of human capital, internal knowledge, skills, expertise capabilities, internal technological, research and forecast bases."