Increase of CBA authorized capital aims reforming banking sector?

Increase of CBA authorized capital aims reforming banking sector? A decision to increase the authorized capital of the Central Bank of Azerbaijan is expected to raise its liquidity. President Ilham Aliyev issued on November 25 a decree to approve the amendments to the law ‘On the Central Bank of Azerbaijan’ for increasing the bank’s authorized capital from current 10 million manats to 500 million manats. Increase of the bank’s authorized... Read More