FIMSA and Austrian bank sign MoU

The Financial Markets Supervisory Authority (FIMSA) and Austrian Raiffeisen Bank International (RBI) have signed a Memorandum of Understanding on cooperation for improvement of capital markets, deposits and clearing and settlement operations.

Report informs that the document was signed by FIMSA Acting Director of Boards Ibrahim Alishov and Head of Group Securities Services Business at Raiffeisen Bank International Attila Szalay-Berzeviczy in Baku.

The MoU stipulates for attraction of foreign investors to Azerbaijan’s financial markets by FIMSA, opening of depo accounts between the National Deposit Center and RBI.