Baku, Azerbaijan, Nov. 23
By Azad Hasanli – Trend:
The Banks Association of Turkey expects an increase in the number of country’s banks in Azerbaijan, Huseyin Aydin, chairman of the association, director general of Turkey’s Ziraat Bank, told reporters in Baku Nov. 23.
“We know that great development awaits Azerbaijan in the next few years,” he said. “At present, there are two Turkish banks - Ziraat Bank and Yapi Kredi, in Azerbaijan. However, I can say that in the near future other banks of Turkey will also show interest in operating in Azerbaijan.”
At present, 31 banks, including 16 with foreign capital, operate in Azerbaijan.