SWISS BANK, NBA UPDATE TECHNICAL CO-OP PROGRAM
The National Bank of Azerbaijan accorded a new program on technical assistance by the National Bank of Switzerland.
Movsumov, the General Director of the NBA, said that the banks updated the program on cooperation.
"The Swiss bank renders assistance in the monetary government, money circulation and monetary policy. Shortly, we plan to set up cooperation in the sphere of personnel management. The program is has not time-limit and is updated following the completion of old and development of new projects," Movsumov said.
New directions are assistance to the development of internal audit and control over payment systems. The National Bank of Switzerland renders assistance to the NBA through the IMF. Switzerland represents in IMF a group of countries where Azerbaijan enters.