Azerbaijan aligns with global banking standards in LCR move

Azernews.Az

21 July 2025 14:50 (UTC+04:00)

Qabil Ashirov

Azerbaijan continues to demonstrate its strategic foresight and commitment to long-term financial sustainability with a landmark decision by the Central Bank (AMB) to initiate the phased implementation of the Liquidity Coverage Ratio (LCR) under the Basel III framework. Beginning August 1st, this critical step positions the national banking sector on a clear trajectory toward greater resilience, transparency, and international credibility.

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