The National Depository of Azerbaijan, operating under the State Committee for Equities of Azerbaijan, intends to open up to 6 regional branches in 2008.
The due announcement was made by chairman of the State Committee for Equities Gunduz Mamedov at a press conference today.
He said the issue of presenting powers for signing an agreement with the Islamic Development Bank, which is ready to grant technical aid in the amount of $200.000 for expansion of the activity of the Depository and creation of a regional network, must be settled in the near future.
G.Mamedov said the draft agreement is currently being considered by the Cabinet of Ministers.
/Day.Az/