12:52 - 17.01.2025
January 17, Fineko/abc.az. One of the large banks in Pakistan (the name has not been disclosed), which already carries out some operations in Azerbaijan, plans to expand its activities in our country, ABC.AZ reports, quoting Khurram Javaid Bhatti, the president of the Pakistan-Azerbaijan Chamber of Economic Cooperation (PAKAZCHAM) .
According to Bhatti, some insurance companies in Pakistan are also planning to enter the Azerbaijani market, and PAKAZCHAM is acting as mediator in cooperation between the Associations of Insurers of Azerbaijan and Pakistan.
"This partnership will create opportunities for two countries' insurance companies to work together, identify cross-border customers and develop cross-border products, which will not only strengthen the insurance sectors of both countries, but also contribute to overall economic cooperation between Azerbaijan and Pakistan," Bhatti said.
He noted that preliminary discussions are underway on cooperation between the stock exchanges of the two countries.
"This partnership can provide an excellent platform for dual listing, cross-border investment and knowledge sharing, significantly strengthen financial cooperation between the two countries and open up new opportunities for economic growth and development," Bhatti said.
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