BAKU, Azerbaijan, March 12. Expanding financial access will support inclusive economic growth, Executive Director of the Central Bank of Azerbaijan Fuad Isayev said at the 1st National Financial Accessibility Forum held in Baku today, Trend reports.
He mentioned that the issues discussed at the forum will make a significant contribution to development, namely in this direction.
"Establishing access to credit and capital, in parallel with efficient payment services system, creates opportunities for the expansion of small businesses, the creation of new jobs, and the promotion of economic development. Meanwhile, access to insurance services acts as a protection mechanism against unexpected risks and financial shocks and increases the economic security of individuals," Isayev added.
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