Features of savings bank, appearance of which is expected soon

17:07 - 2.02.2021


February 2, Fineko/abc.az. The Economic Council of Azerbaijan is to discuss the matter of establishment of a savings bank.

ABC.AZ reports that in this regard, Central Bank’s chairman Elman Rustamov noted that the proposed model envisages very serious support from the state to the population that wants to make savings.

"The population involved in savings always receives very serious support from the state, to the funds collected by them. To the certain extent, the state allocates finances. Here, the state's interest lies in the fact that this mechanism supports economic growth and employment. Economic growth means additional taxes and budget revenues. We’ll submit this issue to the Economic Council. In case the Economic Council supports us, we’ll present a model of the future savings bank," Rustamov said.

 

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