Baku. Nijat Mustafayev – APA-Economics. The State Securities Committee has not received an official request from potential investors in connection with the creation of investment funds yet. Nevertheless, investors are showing strong interest in study of the prospects for development and legislative base.
Chairman of the State Securities Committee of Azerbaijan Rufat Aslanli says, inexistence of official appeals related to the creation of investment funds is understandable: “Because the formation of a new legislative framework in this area has recently come to an endâ€.
Head of SCS also stressed that in contrast to the principles of banking activities in the areas of finance, investment funds will invest in medium and large capital projects: “I also believe that investment funds can compete with banks in attracting moneyâ€.
Chairman of the State Securities Committee of Azerbaijan: “Investment Funds will be able to compete with banksâ€
22 September 2011 14:53 (UTC +04:00)
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