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ADB, Azerbaijani banks to prepare joint project plan

Business Materials 11 May 2012 18:11 (UTC +04:00)
The Asian Development Bank (ADB) is interested in expanding cooperation with Azerbaijan
ADB, Azerbaijani banks to prepare joint project plan

Azerbaijan, Baku, May 11 / Trend A.Akhundov /

The Asian Development Bank (ADB) is interested in expanding cooperation with Azerbaijan, ADB Financial Sector Chief Specialist Jurgen Conrad said at a meeting with banking community representatives in the Azerbaijan Banks Association (ABA), the ABA said on Friday.

Conrad informed the participants about the activities of the ADB in Azerbaijan in recent years and plans for the short term.

At the meeting the sides exchanged views on the difficulties of banks and other lending institutions in the global financial crisis and ways to overcome them.

The parties agreed to prepare a working plan for the implementation of joint projects in the near future.

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