ADB notes securities market development in Azerbaijan

The ADB financial mission held a meeting at the Azerbaijani State Securities Committee in Baku, the committee said today.

The purpose of the meeting was to determine the opportunities of the ADB technical assistance project "Financial Sector Development in Central and West Asia" to increase the potential of the staff of the committee, as well as to cooperate in the field of securities.

Chairman of the Azerbaijani State Securities Committee Rufat Aslanli said at a meeting that the main institutions have been formed on the Azerbaijani capital market.

"The growth has been recently observed on the securities market as a result of targeted measures," Aslanli said.

Head of the delegation, ADB financial sector specialist Jurgen Conrad expressed his satisfaction with the work on the development of securities market in Azerbaijan and mutual cooperation.


/Trend/