This year it is planned to create regional centers for Fintex (provision of financial services and services using innovative technologies – ed.) in Baku, Sumgayit and Ganja.

Inara Valiyeva, chairwoman of the Agency for Innovation and Digital Development under the Ministry of Digital Development and Transport, said this during a speech at the Fintex Summit in Baku.

According to her, this process will be expanded in the coming years: “Together with the Central Bank we are working in the field of legislation. In order to overcome a number of difficulties, a legislative base for venture capital investment must be created. In parallel, active work is underway in Azerbaijan to create a second venture capital fund”.

She also added that their country is interested in attracting international employees who understand the services of innovative banking technologies. Among other things, employees from Russia would be welcome in Azerbaijan.

“Let’s co-operate!” she said.

She also said that Azerbaijan is open to innovations and employees from other countries, if they are professionals.

Therefore, all high-class specialists from Russia who want to prove themselves in the international banking system will be welcome in Azerbaijan.

Leave a Reply

Your email address will not be published. Required fields are marked *