Baku: The Central Bank of Azerbaijan (CBA) will begin implementing the Net Stable Funding Ratio (NSFR) in the country, announced Shahin Mahmudzade, Director General of the Central Bank of Azerbaijan (CBA).

According to Azeri-Press News Agency, a concept regarding the NSFR is currently under development. Mahmudzade emphasized that the introduction of the NSFR will serve to regulate the long-term liquidity of the banking sector.