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Donor club to be established in Azerbaijan to develop stock market

Business Materials 7 May 2009 19:45 (UTC +04:00)

Azerbaijan, Baku, May 7 / Trend , N.Ismaylova /

The State Committee for Securities of Azerbaijan (SCS) in cooperation with foreign institutions will establish a donor club, said the chairman of the Committee Rufat Aslanli.

"Together with several foreign institutions, SCS will create a donor club, which will be co-ordinated actions to attract technical assistance for the development of securities market," said Aslanli.

State Committee cooperates and conducts joint projects with such institutions as the U.S. Agency for International Development (USAID) and the International Finance Corporation (IFC).

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