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President of the Republic of Azerbaijan Ilham Aliyev has met CEO of Sberbank of Russia Herman Gref in Davos.
Gref said development processes in Azerbaijan are watched with great interest, and added that the country enjoyed successful cooperation with relevant financial and banking institutions.
Saying that Azerbaijan became an attractive country in terms of investment making thanks to rapid development of economy, Gref expressed confidence that fruitful cooperation between Sberbank and relevant institutions in Azerbaijan would continue.
President Ilham Aliyev in turn highlighted the ongoing economic development processes in Azerbaijan, saying the country is carrying our important reforms in the banking, financial and energy systems, and pursuing successful policy in the field of investment.
The president emphasized the significance of the creation of favourable conditions for investment making in Azerbaijan, noting that Azerbaijan is also making investment in foreign countries.
President Aliyev said Azerbaijan`s financial institutions enjoyed fruitful cooperation with Sberbank. The president expressed confidence that this cooperation would continue.
The parties discussed cooperation prospects.
Trend.az
