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CBA conducts seminar to strengthen capacity of banks in risk management

Business Materials 21 December 2010 22:29 (UTC +04:00)

Azerbaijan, Baku, Dec. 21 /Trend, N.Ismayilova/

On Dec. 21, the Central Bank of Azerbaijan (CBA) conducted seminar on "Practical aspects of conducting stress tests in banks" to enhance the capacity of banks in risk management and improve the mechanism for stress-tests, the CBA said on Tuesday.

The seminar covered the questions of importance of stress tests, the methodology of conducting practical aspects of testing the major risks in the banking sector, macroeconomic stress tests used by the Central Bank. The seminar was attended by representatives of banks operating in Azerbaijan.

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