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Azerbaijan studying impact of exit of Russian banks from SWIFT on local banking sector - CBA

Economy Materials 29 April 2022 15:01 (UTC +04:00)
Azerbaijan studying impact of exit of Russian banks from SWIFT on local banking sector - CBA
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 29. The Central Bank of Azerbaijan (CBA) is studying the impact of the withdrawal of Russian banks from SWIFT, as a result of military actions in Ukraine, on the banking sector of Azerbaijan, Executive Director at Central Bank of Azerbaijan (CBA) Farid Osmanov said a press conference on April 29, Trend reports.

"This study is being carried out both at the level of local institutions and international commissions. Currently, there are no problems with settlement operations," Osmanov said.

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