The Association of Banks Intends To Cooperate With Banks of CIS

Baku Today
Sept 15 2004

The Association of Banks of Azerbaijan (ABA) intends to offer their
colleagues from Ukraine, Moldova and Kazakhstan to sign agreements
on cooperation at the international banking conference in Baku on
6-7 October.

Bankers from the bank associations of Georgia, Poland, Turkey
and Uzbekistan will also attend this conference dedicated to the
development of regions and regional cooperation. The ABA has signed
agreements on cooperation with the bank associations of Russia and
Georgia. They are to exchange data and experience, attend the actions
organized by one another, etc. But the partnership with the Russian
bank association faces problems coming from the fact that Mr. Gareghin
Tosunian, Armenian by nation, is the Chairman there. So the ABA plans
to offer cooperation to the Association of Regional Banks of Russia.