Work to improve banking sector to continue - Elman Rustamov

Work on improving the banking sector will continue in Azerbaijan, Chairman of the Central Bank of Azerbaijan (CBA) Elman Rustamov told reporters at a press conference.

Rustamov noted that a full recovery of the banking sector is expected in the first half of 2020.

The head of CBA underlined that there was already a rise in the banking, insurance and mortgage sectors in 2019.

The CBA is holding a press conference on the change in the discount rate.