BELARUS NEWS AND ANALYSIS

DATE:

25/11/2008

Representatives of Belarus Stock Exchange Visits Baku Interbank Currency Exchange

Azerbaijan, Baku, 24 November / TrendCapital / The Belarus Currency and Stock Exchange (BCSE) paid an official visit to Baku Interbank Currency Exchange (BICE), the source at the exchange said.

The delegations included Anna Nesterovich, acting head of the methodology and analysis department, Natalia Kurskova and Elena Mashanova, specialists of currency and terminal market, department of clearing and deposit activities of BCSE.

During business meetings, BCSE representatives got acquainted with the activities, work principles of BICE and its role in the financial system of Azerbaijan. The presentations about Electronic Exchange Market Systems and the Organized Interbank Credit Market were demonstrated to BCSE employees. Exchange machineries for organizing market and calculations with foreign currencies, as well as cooperation of the National Bank of Azerbaijan with clearing banks and BCSE in deals and calculations were presented to the guests.

At the end of the visit basic directions for BICE's near-term development were discussed and the significance of bilateral relations and development of cooperation was underscored.

Source:

http://capital.trend.az/?show=news&newsid=1354910&catid=512&subcatid=470&lang=EN

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