OREANDA-NEWS. August 28, 2009. The Central Bank of Azerbaijan (CBA) drew conclusions from the global financial crisis.

A source in CBA says that the opinion was formed in the bank that it is necessary to improve the supervision system although the system confirmed its efficiency  at the height of crisis.

“In this connection measures are planned to be carried out, using new methodologies to provide financial stoutness. In particular, new indices, new for Azerbaijan, but used widely in the world, will be used upon at stress-tests  and analysis of system risks,” source said. The system which will be formed in medium-term prospect should increase data reliability  on general condition  of the banking system and every credit institutions  individually.