Bank Of Baku

Legislation base for operation of private pension funds to be established in Azerbaijan

Legislation base for operation of private pension funds to be established in Azerbaijan
# 13 October 2010 12:53 (UTC +04:00)
One of them is establishment of legislation base for the operation of private pension funds, SSPF Chairman Salim Muslumov told APA.

At the same time he noted that this sphere is very risky: “Financial crisis and German practice shown that such funds expose to great loss. It’s may be positive situation that there is not such funds in Azerbaijan.”
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THE OPERATION IS BEING PERFORMED