TODAY.AZ / Business

Azerbaijan's Deputy Economic Development Minister: "Financial sector will play a significant role in diversification of Azerbaijan's economy"

08 April 2008 [17:20] - TODAY.AZ
The financial sector will play a significant role in the diversification of Azerbaijani economy and the share of the said sector in the GDP will be high.
The due announcement was made by Sevindj Hasanova, deputy Economic Development Minister of Azerbaijan, at the fifth international conference "Banks and finances".

She said the financial sector of the country is rapidly developing.

"Azerbaijan is cooperating successfully with international financial organizations, separate financial tools are developing in the country. For example, leasing is reaching the level of international cooperation. The Azerbaijani banks increase the volume of raising funds from the population, which promotes improvement of the climate in the financial sector", the Deputy Minister noted.

/Day.Az/
URL: http://www.today.az/news/business/44144.html

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