16:43 - 17.05.2023

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May 17, Fineko/abc.az. The Central Bank intends to increase the share of financial technologies in the market.

ABC.AZ reports that CBA general director Farid Osmanov stated about this during his speech at international conference GSMA 360 Eurasia.

"At that, we encourage a new financial technology company to enter the Azerbaijani market by putting forward certain legislative initiatives. We are developing a state program together with the relevant governmental agencies, we are in the final version of the strategy. We call this a digital payment strategy. It covers a 3-year period. The strategy is focused on 5 main aspects," Osmanov said.