Bank Of Baku

Central Bank of Azerbaijan reduces reserve requirements from 2% to 0.5%

Central Bank of Azerbaijan reduces reserve requirements from 2% to 0.5%
# 12 March 2015 14:24 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Central Bank of Azerbaijan has reduced reserve requirements from 2% to 0.5%.

 

CBA Chairman Elman Rustamov has approved the amendments to the rules on reserve requirements, calculations.

 

Consequently, the reserve requirements have been reduced 4 times.

 

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