16:18 - 7.04.2026

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April 7, Fineko/abc.az. Azerbaijan will assess the state of application of the regulatory framework for secured transactions and take measures to overcome existing difficulties in this area.

ABC.AZ reports that the results of surveys conducted by the Central Bank of Azerbaijan on the state of application of the integrated legal framework for secured transactions will be discussed jointly with the relevant parties.

The Association of Banks of Azerbaijan and the Association of Microfinance of Azerbaijan will also be involved in this process.

During the discussions, it is expected to determine the optimal mechanisms for solving existing difficulties. The events are to take place before July 1, 2026.

At the same time, it is planned to carry out work on the types of movable assets, debts and liabilities that can be secured as collateral under secured transactions.

In addition, it provides for improving the priority of warranty rights and mechanisms for their implementation. These steps will help reduce risks in the credit market and expand access to financial resources.