EBRD helps to establish credit agency in Azerbaijan

The Baku Stock Exchange (BSE) discussed the creation of a local credit agency, which the Central Bank of Azerbaijan (CBA) and the European Bank for Reconstruction and Development (EBRD) are working on.

Referring to BSE, Report informs that representatives of CBA and EBRD participated in this meeting.

During the meeting, detailed discussions were held about the active participation of Small and Medium Businesses in the organized capital market, the perspective of the primary and secondary markets, and the work to be done in this field in the direction of evaluating the financial risks of Small and Medium Businesses related to the establishment of a local credit agency.