“Central Bank of Azerbaijan wants the banks’ loan interests to be single digit numbers the most”, says the General Director at The Central Bank of the Republic of Azerbaijan, APA reports.
“The most questioned issue is loan interests in events that Central Bank participates in. We are aware that demand and offer factors play a role in the price to be formed. The interest is the price of the money. For the money price to be formed, there are more complex factors. The Central Bank is the regulator in this market. We improve regulating frames. We strengthen control measures so that these frames are observed. However, the Central Bank does not define demand and offer factors” Ziya Aliyev said.
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