Central Banks of Azerbaijan and Georgia exchange expertise

A delegation from the National Bank of Georgia visited the Central Bank of Azerbaijan (CBA) on a business visit aimed at exchanging professional experience.

The meetings focused on sharing insights from both central banks regarding financial stability functions, the development of macroprudential policy frameworks, Caliber.Az reports, local media.

The officials also discussed the assessment of financial stability across households, the non-financial sector, and the real estate market.

The discussions also included an exchange of views on stress-testing structures and on the organisation of climate-related stress tests addressing both physical and transitional risks.

By Bakhtiyar Abbasov