BAKU, Azerbaijan, May 30. Azerbaijan's National Depository Center (NDC) has announced plans to enhance its depositary system by adding new functionalities, including a cash accounts module and a platform for inter-depository data exchange, Trend reports.
The NDC’s 2024-2026 Development Strategy report for 2024 shows that these initiatives aim to further improve the efficiency of the Center’s operations and services.
Additional steps include developing electronic reporting mechanisms, enabling fund transfers to cash accounts opened at the NDC through the Investor Portal, and establishing unified customer service channels.
