Azerbaijan's Central Bank, Black Sea Trade and Development Bank mull areas of cooperation

Future areas of cooperation between the Central Bank of Azerbaijan (CBA) and the Black Sea Trade and Development Bank (BSTDB) have been discussed, the chairman of the Central Bank of Azerbaijan Taleh Kazimov wrote on Twitter.

According to Report, Taleh Kazimov met with a visiting delegation led by the President of the Black Sea Trade and Development Bank Serhat Köksal.

During the meeting, the sides exchanged views on the current situation and future areas of cooperation between the Central Bank of Azerbaijan and BSTDB.

BSTDB was founded by Azerbaijan, Albania, Bulgaria, Georgia, Greece, Moldova, Armenia, Romania, Türkiye, Ukraine, and Russia in 1999.

BSTDB supports economic development and regional cooperation, participates in granting loans for projects in the public and private sectors of member countries, opening credit lines, investing in and granting guarantees and trade financing.