The Central Bank of Azerbaijan (CBA) and the government share a unified view on the activities of private pension funds, CBA Chairman Taleh Kazimov said at a press conference, Report informs.
"Work needs to be intensified. It's too early to talk about possible additional capital requirements for life insurance companies," he noted.
First Deputy Chairman of CBA Aliyar Mammadyarov added that work is being conducted jointly with the Ministries of Finance, Economy, Labor and Social Protection of Population of Azerbaijan.
"The most optimal option for our country is being worked out," he noted.
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