Banking sector makes reform progress

Reports at the event show that since 2010, administrative procedures in the banking sector have been significantly simplified in 6 major fields. These include improving corporate finance or utilising technology in banking services.  Credit institutions also improved their existing products to better serve individual and corporate customers.

According to the SBV’s master plan until the end of 2020, reforms in infrastructure and management process will also be another important task, in addition to better operational services.