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Azerbaijani Central Bank determines recommendations and practical actions in macro-prudential supervision

Business Materials 26 May 2013 12:37 (UTC +04:00)

Azerbaijan, Baku, May 26 / Trend / E. Aliyev /

The recommendations and practical actions in the field of prudential supervision were determined during the workshop organized by the Azerbaijani Central Bank (CBA) and USAID in Baku, CBA said on Friday.

The main objectives of the two-day workshop were to discuss the modern trends in the macro-prudential regulation and supervision, as well as to mutually exchange the views and experience between central banks and financial agencies of the countries in the Eurasian region.

"The views on main macro-prudential challenges faced by countries of the region, a credit boom and crisis management, macroprudential tools for predicting and combating the crises, a framework of macro-prudential supervision and institutional issues were exchanged during the discussions and round tables organized within the workshop."

The main recommendations and practical actions on the generalized issues revealed during the discussions were determined at the end of the event.

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