Simplification of issuance of microcredits discussed in Azerbaijan

The Central Bank of Azerbaijan (CBA) has held discussions on simplifying the issuance of microcredits.

According to Report, this was reported on the CBA's Twitter account.

The CBA held a meeting with expert groups under the Association of Banks of Azerbaijan (ABA). At the meeting, the objectives of the development of the interbank card center, regulation of the fintech banking environment, simplification of the issuance of microcredits, remote opening of a bank account and other issues were discussed, a detailed exchange of views on the legal regulation of these areas took place.

source: report.az