11:54 - 23.02.2022

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February 23, Fineko/abc.az. Azerbaijan and Russia expressed their readiness to promote the activities of credit and banking organizations within the framework of national legislation and monetary policy, the development of cooperation between financial institutions, the creation of joint ventures, including financial and industrial groups, production and other organizational and economic structures.

ABC.AZ reports that this is stated in the Declaration on Allied Cooperation signed yesterday between the two countries.

The document also states that the parties will create opportunities for the use of national currencies in mutual settlements, joint servicing of bank cards, as well as the development of correspondent relations between banks.