The Central Bank of the Republic of Azerbaijan co-hosted the Nakhchivan Regional Bank Forum with the Authorized Representation of the President in the Nakhchivan Autonomous Republic, the Azerbaijan Banks Association and Nakhchivan State University, bringing together banks and local stakeholders to discuss regional banking development. In remarks to the forum, Deputy Chairman Toghrul Aliyev outlined the outcomes of the Central Bank’s macroeconomic and financial stability regulatory measures, citing growth in the national credit portfolio and steps to expand financial inclusion. The agenda covered the autonomous republic’s economic outlook and the role of financial institutions in supporting regional economic activity, including the expansion of banking infrastructure in Nakhchivan under a state programme approved by the President. A roundtable involving Aliyev, Azerbaijan Banks Association President Zakir Nuriyev and bank executives reviewed key indicators for banks operating in Nakhchivan and discussed sector development prospects and cooperation opportunities, alongside panel sessions with branch heads and presentations for university students and faculty on banking services, digital banking and banking careers.
Central Bank of the Republic of Azerbaijan 2025-11-07
Central Bank of the Republic of Azerbaijan convenes Nakhchivan Regional Bank Forum on regional banking development and financial inclusion
The Central Bank of the Republic of Azerbaijan co-hosted the Nakhchivan Regional Bank Forum to discuss regional banking development and financial inclusion. Deputy Chairman Toghrul Aliyev highlighted growth in the national credit portfolio and regulatory measures for macroeconomic stability. The forum also addressed the economic outlook and banking infrastructure expansion in Nakhchivan, discussing sector development and cooperation opportunities.