BAKU, Azerbaijan, August 12. One of the main goals of the strategic plan of the Azerbaijan Microfinance Association (AMFA) for 2021-2023 is to create a favorable environment for AMFA members to quickly address changing market trends and serve customers through the application of high ethical and business standards, AMFA Board Chairman Jalal Aliyev told Trend.
According to Aliyev, the association should also focus on developing additional tools to empower its members and support the implementation of necessary regulatory changes.
Another goal of the association is to support institutional development and improve the knowledge base of AMFA members through the introduction of new educational and expert products, added the board chairman.
AMFA together with the Central Bank of Azerbaijan is working on microfinance legislation.