Bank Of Baku

Azerbaijan drafts securities market development project

Azerbaijan drafts securities market development project
# 13 March 2009 15:46 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Azerbaijan is preparing a project for the formation and development of the securities market, said Rufat Aslanly, the Chairman of the State Committee for Securities.
”The State Committee completed the analysis of the situation on the securities market. We have plans to develop the securities market,” he added.

According to him, in this regard, steps are being taken to improve existing legislation and market infrastructure. In addition, there are suggestions for the organization of market transactions in real time and transition to a national payment system.
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