Baku. Vahab Rzayev – APA-Economics. The International Bank of Azerbaijan (IBA), a critical member of the CIS banking industry, has joined the World Economic Forum's prestigious Financial Services Industry Partnership, an exclusive network of over 70 firms including banks, insurers, stock exchanges, rating agencies, asset managers, and other capital market service providers.
"We are deeply honored to join global banking peers in the World Economic Forum's Financial Services Industry Partnership and a second decade of involvement with the Forum. The CIS banking industry, the region's growing infrastructure and consumer classes have dynamic potential. The CIS and Caspian region have benefited profoundly from the Forum's unwavering support and inspiration to business and government leaders. This directly helps us to triangulate and advance the integral challenges of systemic and sustainable economic development in tandem with social welfare and stability," said Dr. Jahangir Hajiyev, Chairman of the International Bank of Azerbaijan.
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