Baku. Nijat Mustafayev - APA-Economics. Raising of requisition on minimum of total capital in Azerbaijan’s banking system to AZN 50 mln will increase the interest of foreign banks in Azerbaijan’s market, said the head of Russia's trade representation in Azerbaijan Yuri Shedrin.
According to him, Central Bank’s latest decision on this issue is estimable and the requirement can decrease the total number of 43 banks to 10-15 by consolidating: “At present, Russia’s Rosselkhozbank interests in Azerbaijan’s market and we hope that that bank will operate in Azerbaijan. Generally, this requirement of Central Bank caused great interests of foreign, including Russian banks”.
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