Azərbaycan Banklar Assosiasiyası

The Azerbaijan Banks Association (ABA) was founded in 1990. The Association defends the interests of member organizations, coordinates their activities, and assists in improving banking legislation. History and Purpose The Azerbaijan Banks Association (ABA) was established in 1990 by 10 private banks. Its main purpose is to protect the corporate interests of member organizations in state bodies and international institutions, assist in meeting their business needs, and coordinate their activities. Currently, ABA has 23 banks, 6 non-bank credit organizations, and other financial institutions as members. Areas of Activity ABA operates in the areas of improving banking legislation, establishing international relations for banks, forming banking infrastructure, and supporting banking sector implementation of government reforms. Through various expert groups, the Association covers issues such as credit operations, IT security, payment systems, compliance, and others.