Baku: A delegation from the National Bank of Georgia recently visited the Central Bank of Azerbaijan (CBA) to engage in a working session aimed at sharing experiences and insights.
According to Azerbaijan State News Agency, the meeting focused on the central banks' experiences in implementing financial stability functions. Discussions covered the formation of a macroprudential policy framework and methods for assessing financial stability across various sectors, including households, the non-financial sector, and the real estate market.
Additionally, the two sides shared perspectives on the stress-testing framework and explored the organization of climate stress tests to address physical and transition risks.