Amendment made to Law "On Central Bank of Azerbaijan"

Amendment made to Law "On Central Bank of Azerbaijan" One more article was added to the Law "On Public Debt" in this regard
Infrastructure
October 14, 2016 15:54
Amendment made to Law On Central Bank of Azerbaijan

Baku. 14 October. REPORT.AZ/ Milli Majlis (Azerbaijani Parliament) adopted amendments to Laws "On Central Bank of Azerbaijan" and "On Public Debt".

Report informs, according to the fisrt amendment, in conformity with Deposit Insurance Law, Central Bank of Azerbaijan will provide credits to Deposit Insurance Fund (ADIF) under government guarantee.

One more article was added to the Law "On Public Debt" in this regard. 

Notably, ADIF’s loans with government guarantee are regulated by the Law "On Deposit Insurance".  

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