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Azerbaijani Central Bank makes allocations for software platform support

Finance Materials 8 May 2021 12:48 (UTC +04:00)
Azerbaijani Central Bank makes allocations for software platform support

BAKU, Azerbaijan, May 8

By Zeyni Jafarov - Trend:

The Central Bank of Azerbaijan (CBA) and GT SOLUTIONS LLC signed a contract for 369,930 manat ($217,610), Trend reports referring to the Electronic Procurement portal.

The winner of the tender announced by the CBA to support the software platform of the operating electronic services portal has been determined.

“By the decision of the tender commission, the winner of the tender was GT SOLUTIONS LLC, " the portal said.

The main goal of the CBA's activities within the framework of the powers determined by the law ‘On the Central Bank’ is to ensure price stability in the country. In addition, the CBA organizes and maintains the activities 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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