Togrul Aliyev: Azerbaijan's Central Bank intends to develop leasing sector with help of new support measures

The Central Bank of Azerbaijan (CBA) is preparing new support measures to develop the financial leasing market, CBA Deputy Chairman Togrul Aliyev said at a meeting of the Parliamentary Committee on Economic Policy, Industry, and Entrepreneurship during a discussion of the draft law "On Financial Leasing," Report informs.

He noted that within the current "Financial Sector Development Strategy for 2024–2026," the CBA plans to expand access to alternative financial mechanisms, including those that do not require collateral: "In this regard, we hope that the latest support measures we will introduce will contribute to the development of this sector."