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The Central Bank of Azerbaijan (CBA) and The Bank of New York Mellon Corporation (BNY) discussed ways to deepen cooperation in Azerbaijan's financial sector. According to the CBA, Chairman Taleh Kazimov met BNY Executive Vice Chair Khani Kablawi on the sidelines of the Annual Meetings of the World Bank and the International Monetary Fund. The talks covered developments in Azerbaijan's financial sector and initiatives to modernize its regulatory and supervisory framework. BNY, founded in 1784 and headquartered in New York, is a global provider of asset custody, investment management and payments services, operating in more than 100 markets. As of June 30, 2026, it reported $62.6 trillion in assets under custody and administration and $2.2 trillion in assets under management.
- UAE strengthens global financial partnerships, wins praise for financial resilience at IMF - World Bank meetings
The Central Bank of the UAE (CBUAE) is strengthening international financial partnerships through bilateral meetings at the 2026 IMF and World Bank Group Annual Meetings in Bangkok, held from 12 to 18 October. It met the Bank of Korea and the Monetary Authority of Singapore to discuss financial sector cooperation and knowledge exchange. In panel discussions, international officials and experts praised the UAE's financial system as a successful model for stability and resilience, including Sophie Sirtaine of the WBG, Stefan Ingves of Toronto Centre and Pornanong Budsaratragoon of Thailand's Securities and Exchange Commission. Other sessions covered how AI and cyber risks affect financial stability and how private capital can support healthcare systems.
- UAE strengthens global financial partnerships , wins praise for financial resilience at IMF - World Bank meetings
- UAE strengthens global financial partnerships , wins praise for financial resilience at IMF - World Bank meetings
- UAE strengthens global financial partnerships, wins praise for financial resilience at IMF - World Bank meetings
- UAE strengthens global financial partnerships , wins praise for financial resilience at IMF - World Bank meetings
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