He went on to add that at this stage, Azerbaijan needs to neutralize the shocks caused by the state of global economy.
He said that in the whole, banking sector of the country is stable.
“Except for one or two banks with weak performance, the level of capital and liquidity is high,” he said. “We don’t deny that there are some problems as well. But the situation is under control, and the proposed bills will create conditions for more efficient and flexible management.”
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