BAKU, Azerbaijan, November 19. Azerbaijani
banks are creating at a really speedy tempo, and Baku might grow to be
the monetary heart of the area, the Govt Vice President of
the Polish Banking Affiliation, Włodzimierz Kiciński, stated in an
interview with Pattern
on the ninth Worldwide Banking Discussion board held in Baku.
He shared his opinion on the event of Azerbaijan’s banking
sector, the prospects for cooperation between the 2 associations,
and attainable joint initiatives within the area of digitalization,
synthetic intelligence, fintech, and cybersecurity.
The interviewee spoke in regards to the prospects for the event of
Azerbaijani banks: “Azerbaijani banks are creating at a really
speedy tempo, and this dynamic is attribute of the Azerbaijani
economic system as an entire. For us, this can be a good alternative to change
concepts and supply data on tendencies in trendy banking providers
in Europe. We consider that sooner or later, Baku might grow to be an
vital heart for the monetary sector not solely in Azerbaijan
but additionally in Central Asia.”
Kiciński additionally spoke about attainable alternatives for cooperation
between the Polish and Azerbaijani banking sectors: “There’s
at present a extra lively change of concepts and expertise. An
evaluation of superior options and improvements within the banking
sector of each international locations is being carried out. This can be adopted
by extra concrete steps, together with joint technological options and
the involvement of fintech firms on this course of.”
Włodzimierz Kiciński additionally assessed the potential for a attainable
partnership between the banking sectors of the 2 international locations within the
area of cybersecurity: “The Polish Banking Affiliation may be very
lively within the area of cybersecurity. We cooperate with numerous
international locations all over the world on this space and, because of this, we
have repeatedly protected our purchasers’ funds. We even have
relations with Azerbaijan. Throughout visits by Azerbaijani banks to
Poland, we mentioned problems with cybersecurity, combating fraud, and
enhancing safety methods. Mutual ties have been established,
and work on this space continues.
“We at the moment are on the stage of implementing extra particular
cooperation measures. The memorandum is, after all, an vital
doc from a proper standpoint, however the principle factor for us is
the joint implementation of each day and actual measures,” the Polish
financier concluded.
