Azerbaijan: Financial Sector Assessment

Conrad, Jurgen F. | December 2012
Abstract
The report assesses Azerbaijan’s financial sector and explores priority areas for reforms. Despite recent rapid development, the economy’s relatively large size, and rising income levels, the financial sector is not mobilizing savings or financing investment as much as it could. In banking, which dominates finance, efficiency can be further increased. Nonbanking financial services are undergoing major initiatives to develop securities markets, but insurance, microfinance, and private pensions have yet to see similar reforms.
Citation
Conrad, Jurgen F.. 2012. Azerbaijan: Financial Sector Assessment. © Asian Development Bank. http://hdl.handle.net/11540/1259. License: CC BY 3.0 IGO.
Keywords
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
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Citable URI
http://hdl.handle.net/11540/1259
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