Bank Of Baku

CBA: “Dollarization level in Azerbaijan significantly decreased”

CBA: “Dollarization level in Azerbaijan significantly decreased”
# 15 August 2012 11:30 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Dollarization level in Azerbaijan during past 10 years significantly decreased, shares of deposits in manat doubled, Central Bank reported.

CBA says one of the man strategic targets of Central Bank is to form the modern standards of management f cash money.

In connection with this, Central Bank has started to implement projects such as establishment of Cash Money Centre automatized on the basis of latest technologies, establishment of management information systems of cash money management, modern design logistics and examination institutions of banknotes, as well accounting system and economic analyze base.
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