22910

MERKEZI BANK

Central Bank of the Republic of Azerbaijan

22910

MERKEZI BANK

Baku, Nasimi st.,
Rashid Behbudov 90

Monday - Friday

09:00 - 18:00

M

28 May

About the company

The Central Bank of the Azerbaijan Republic carries out constant supervision over observance by credit organizations of the banking legislation, normative acts of the Central Bank of the Azerbaijan Republic, obligatory ratios established by the Central Bank of the Azerbaijan Republic. The legal status and functions of the Central Bank of the Azerbaijan Republic are determined by the laws of the Azerbaijan Republic "On the Central Bank of the Azerbaijan Republic" and "On banks". On February 24, 2009, President of Azerbaijan Ilham Aliyev signed the draft law adopted by the Parliament on February 10 on combating the legalization of money and property obtained by criminal means and the financing of terrorism and issued a decree on measures for its implementation, within the framework of which the Financial Monitoring Service was established under the Central Bank of Azerbaijan, and the CBA a one-month period was given for the development and submission of the Regulations of the Service.