Azerbaijan, Baku, July 9 / Trend N. Ismayilova /
A research center is being established under the Azerbaijani Association of Risk Professionals (ARPA), association head Rufat Mahmud said.
"We are working to establish a research center that will conduct analytical market studies, and prepare articles and reports based on its results," he said.
Mahmud added that in the initial stages the center will only focus on the banking sector.
"We plan to start producing various products such as magazines by September," he said.
The association was registered in mid-May. Institutional development is underway..
The association cooperates with the Central Bank of Azerbaijan, GARP and the IFC.