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Central Bank of Azerbaijan announces winner of tender for survey on household plans

Finance Materials 25 February 2021 14:49
Central Bank of Azerbaijan announces winner of tender for survey on household plans

BAKU, Azerbaijan, Feb. 25

By Zeyni Jafarov - Trend:

The Central Bank of Azerbaijan (CBA) and PRINCIPAL LLC have signed a contract worth over 76,500 manat ($45,000), Trend reports on Feb. 25 referring to the "Electronic Procurement" website.

The winner of the tender announced by the Central Bank of Azerbaijan for the purchase of services for conducting the survey "Financial behavior and intentions of households" has been named.

"PRINCIPAL LLC was chosen as the winner of the tender upon the decision of the tender commission,” the message said. “A contract worth 76,500 manat ($45,000) was signed with the company."

The main goal of the CBA's activity within the powers determined upon the law of Azerbaijan "On the Central Bank" is to ensure price stability in the country.

Moreover, the CBA organizes and ensures the operation of interbank centralized and other payment systems that do not require licensing and also assists in the stability of the banking system.

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