Azerbaijan to Participate at 55th Meeting of Board of Directors of Black Sea Bank

Business Materials 1 February 2007 18:33 (UTC +04:00)

The next 55th meeting of the Board of Directors of the Black Sea Bank for Trade and Development has been scheduled to take place on February 4-5, 2007 in Salonik. Azerbaijan will be represented at the meeting by the Deputy Minister of Economic Development, Mikayil Jabbarov, Trend reports with reference to the Azerbaijan Ministry of Economic Development.

The meting is planned to confirm the strategy on Azerbaijan. It differs from the strategies of other international organizations. 60-70% of the Bank strategy comprises of the assessments of the previous years and the future co-operation. The priorities of the future co-operation include banking sector, industry and agriculture. In addition, the Bank stands ready to finance the participation in the stock capital of any companies.