Azerbaijan, Baku, Feb. 22 / Trend /
Azerbaijan Risk Professionals' Association (ARPA) continued expanding its ranks of corporate members of the association in 2013 due to representatives of the banking market of the country, the association said on Friday. ARPA includes four more banks: Bank Technique, BTB Bank, Bank Respublika and AFBank.
At present, 24 of 28 corporate members of the association are banks and four are insurance companies PASA Heyat Sıgorta, AxaMbask, Atesgah Sıgorta and QalaHeyat Sıgorta, which joined this year. Around 700 independent members have also been represented in the association.
The purpose of creating ARPA is to assist in reducing the risks in the Azerbaijani financial sector.
ARPA was established in May 2009.
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