Azerbaijani Bank Association Appeals International Bank Organization for Membership

Azerbaijan, Baku / " corr. I.Khalilova / Azerbaijani Bank Associations (ABA) appealed to the European Federation Bank's Secretariat in order to be a member of the bank, stated the executive director of Association Farhad Aliyev. The respond to the appeal by the Association should expect by the end of January 2008.

ABA has been corresponding with the European Federation so far, as on the thresholds of joining the federation ABA asked founding documents from Association which confirm bank's legislation in Azerbaijan.

Membership in the European organization enables to improve cooperation with bank associations of Europe, to get more information which is necessary in globalization process, Aliyev said.

There are more than 40 members of the European Federation.