11:43 - 13.08.2026

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August 13, Fineko/abc.az. International rating agency Fitch Ratings has positively evaluated the Central Bank of Azerbaijan’s (CBA) regulatory reforms aimed at aligning the national banking sector with Basel III standards. The agency expects these measures to enhance the overall financial resilience of the banking system.

The updated capital requirements, outlined in the CBA’s Financial Sector Development Strategy for 2024–2026, bring the local regulatory framework closer to international standards. Full compliance by commercial banks is scheduled for implementation by January 2027.