Azerbaijan, BNY Mellon mull prospects for custodian services

The National Depository Center (NDC) of Azerbaijan and the US Bank of New York Mellon (BNY Mellon) exchanged views on the prospects of coordinating advanced financial infrastructure and custodian services, Report informs.

During the meeting, information was provided about NDC's role and development strategy in the development of Azerbaijan's capital market.

NDC's development strategy for 2024-2026, establishing and developing relations with international financial institutions and depositories carries special importance in terms of expanding areas of activity.