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CBA and banks implement sustainable financing in risk management and lending - official

Economy Materials 18 October 2024 10:02 (UTC +04:00)
CBA and banks implement sustainable financing in risk management and lending - official
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 18. The banking sector together with the Central Bank of Azerbaijan is introducing the principles of sustainable financing in risk management and lending, the chairperson of the Central Bank of Azerbaijan Taleh Kazimov said at the forum on “Green finance and sustainable development” held in Baku, Trend reports.

"The banking sector considers the risks faced by the country's economy and the financial sector in this area and builds its activities accordingly. In this regard, the banking sector closely cooperates with the Central Bank, working to integrate the principles of sustainable finance into risk management and lending practices,” he said.

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