Bank Of Baku

CBA not to increase centralized lending

CBA not to increase centralized lending
# 02 May 2013 12:53 (UTC +04:00)

 

Abdullayev says CB has given targeted loans to several banks and organizations for ensuring of liquidity n banking system during global financial and economic crisis. But this process has already been stopped and is not on the agenda.

 

Commenting on increase of centralized lending for reduction of interest rates, Abdullayev stressed this is in contradiction with purpose and functions of centralized lending and can cause only negative results from the viewpoint of macroeconomic stability.

 

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED