There is currently no bank in Azerbaijan that has a serious problem. The major financial indicators of banks are normal enough, there are no serious risks.
"APA-Economics" reports that Chairman Taleh Kazemov said this at a press conference held by the Central Bank of Azerbaijan on determining the parameters of the interest rate lock.
"Closing a bank is not a tendency. Our main objective is to ensure financial stability, to contribute to economic growth.
If a financial institution, a bank, or an insurance company is a financial institution that will undermine financial stability, they are initially warned and referred to the wrongdoers. "His activities can be looked at when the flaws are not removed," the ECB chairman added.