Azerbaijan's National Depository Center joins European CSD association

Azerbaijan's National Depository Center (NDC) has been admitted to the European Central Securities Depositories Association (ECSDA) during the PostTrade 360° 2026 event in Stockholm, Sweden, Report informs, citing the Center.

According to the NDC, the decision on its membership was adopted at a meeting of the ECSDA Board of Directors. NDC Executive Board Chairman Elchin Alizada and his advisor Mushfig Ahmadli attended the meeting.

During the meeting, a presentation was delivered on the NDC's role in the capital market, its institutional and technological development priorities, ongoing reforms, and opportunities for international cooperation.

ECSDA is one of Europe's leading professional platforms for the post-trade and central securities depository ecosystem. The association brings together 40 national and international central securities depositories. Its members include major financial market infrastructures such as Euroclear, Clearstream, SIX SIS, Nasdaq CSD and Euronext Securities.

Membership in ECSDA is important for expanding the integration of Azerbaijan's capital market infrastructure with European financial markets, promoting the adoption of advanced international practices and standards, and strengthening institutional cooperation with leading central securities depositories.