Accra:Baku A delegation from the Central Bank of Azerbaijan has recently conducted a working visit to the Central Bank of Portugal to exchange insights and experiences on maintaining financial stability.
According to Azerbaijan State News Agency, the meetings focused on the Portuguese central bank’s national experience in mechanisms for ensuring banks’ financial stability and implementing early intervention and resolution measures. The Azerbaijani delegation shared details about their existing legal framework related to resolution measures, as well as the roles, responsibilities, and procedures of participants within the financial stability network.
Further discussions explored the strategies of the Central Bank of Portugal in organizing and managing international cooperation. Topics included the bank’s strategic priorities, operational areas, and the main forms of collaboration with foreign central banks and international financial institutions. The discussions also touched upon the potential for future cooperation between the institutions.