Azerbaijani Central Bank to deliver updated version of its Internet portal

Azerbaijan, Baku, July 3 / Trend G. Veliyev /

The Central Bank of Azerbaijan will deliver updated version of its Internet portal soon, IT department of the Central Bank of Azerbaijan told Trend on July 3.

Presently, final stage is going on. Operations will be completed during a month. Afterwards, official presentation of Internet resource will be held. 

Presently, one of major tendencies of the Central Bank development is to increase openness and clarity of activity. Improvement in giving information is greatly connected with impact of environment. 

Increase of clarity in activity of agencies responsible for financial policy in developed countries attracted great public attention. It led to growth of appeals to the Central Bank by participants of financial market, media outlets and community, IT department of the bank said.

Introduction of Internet-technologies will allow rather reducing temporary gap while spreading information about activity of the Central Bank.

Placing of economic statistics in Internet is absolute priority for the Central Bank as its activity is rather connected with collection and analysis of information about state of economy. Moreover, the Central Bank fulfills functions of regulator of banking and financial system. It expands its potentials on collection and spreading of statistic information got from credit and financial organizations, the department said.  

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