ECONOMY
PASHA Bank sponsored summit Future of Banking’ finish
Baku, February 28 (AZERTAC). The 4th summit Future of Banking, organized by The Economist Conferences (a division of The Economist) with general sponsorship of PASHA Bank (one of the largest banks in Azerbaijan) has finished in Paris.
The Bank reports that as well as in previous years the summit was attended by representatives of leading banks, financial regulators, as well as officials. At the summit speech was delivered by Finance Minister of France Pierre Moscovici, Commissioner for Internal Market and Services Michel Barnier, CEO of the Central Bank of Azerbaijan Rashad Orujov, PASHA Bank’s chairman of board Farid Akhundov, Garanti Bank’s vice president Ebru Edin, Bloomberg LP’s chairman Peter Grier and others.
The main themes of the event was discussion of issues related to the further future of the banking sector on a global scale, the application of new standards, such as Basel III requirements and prospects of doing business in developing countries.
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