Central banks of Azerbaijan and Switzerland mull risk management

The Central Bank of Azerbaijan (CBA) and the Swiss National Bank (SNB) have held discussions on risk management practices in the financial sector.

According to Report, the meeting took place during a visit by the CBA delegation to Switzerland. The event, organized by the SNB and titled "Risk Management," also included participation from representatives of central banks from Central Asia.

The discussions focused on sharing international best practices in managing financial risks and exploring opportunities for cooperation among financial institutions.

Mahammad Maharramli, Director of the Risk Management Department at the CBA, delivered a presentation highlighting the institution's risk management strategies and addressing modern challenges in the field.