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Initial date of first meeting of Presidium of Azerbaijan Banks Association was defined

Business Materials 27 July 2006 16:22 (UTC +04:00)

The first meeting of the Presidium of Azerbaijan Banks Association formed at the report-election conference of ABA on June 26 will be held no earlier than August 17-18, 2006, Eldar Ismayilov, the president of ABA, told Trend. The reason for the delay in conducting the meeting is justified through the issue that today 6 members of the presidium are on holiday.

Beside this, it is required enough time for working out the project of the new regulation of association. In this process, ABA receives assistance from the USA Banks Association.

We want to get familiar with the experience of other countries and get 7-8 variants of regulation from Belarus, Kazakhstan, Russia and other countries, he told.

Besides, during the upcoming meeting of the presidium, the vise-presidents will be elected. Earlier, these posts were taken by the chairman of Board of International Bank Jahangir Askerov and the head of Supervisory Board of Azerigazbank PM Chingiz Asadullayev.

The election of the vise-presidents will be held from the composition of presidium consisting of 11 people.

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