Baku, April 26, AZERTAC
The Azerbaijan Banks Association (ABA) and Hungarian Banking Association have signed a memorandum on cooperation.
The document was signed by the ABA President Zakir Nuriyev and the Secretary General of the Hungarian Banking Association Levente Kovács.
The memorandum envisages promotion of cooperation between the parties, as well as organization of events including joint education and training programs, exchange of information between the member banks, implementation of projects in the banking and financial sector.
At the same time, the cooperation will features combating digital payment fraud, as well as cybersecurity cooperation in banking sector, exchange of experience in service charge optimization and study of international experience.