S&P highlights Azerbaijan’s regulatory progress as model for emerging markets

Standard & Poor's (S&P), the international credit rating agency, has underscored the growing maturity of banking regulations across emerging markets in the Europe, Middle East, and Africa (EMEA) region, with Azerbaijan standing out as a model of proactive reform and institutional advancement. In its recent report, S&P noted that while many EMEA economies remain cautious in implementing comprehensive banking regulatory regimes - often relying on temporary measures during financial stress - Azerbaijan is among a select group of countries making substantive strides in creating a resilient and transparent financial system. S&P highlighted that Azerbaijan...
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