The presentation by Javanshir Abdullayev the director of Azerbaijan Bank Training Centre in the “Creative economy” Discussion Club
On October 16, 2015, has carried out the following meeting of the “Creative economy” Discussion Club of the Institute of Economy ANAS. Professor Nazim Muzaffarli (Imanov) the director of the Institute of Economy ANAS gave broad information about the main speaker, Javanshir Abdullayev the director of Azerbaijan Bank Training Centre. He made a speech on the theme of “Postoil economy and bank sector of Azerbaijan”.
Javanshir Abdullayev has analysed the current situation of bank sectors and talked about the main problems and development trends. And characterized the present problems in the bank sector with the declining the confidence in the national currency and bank sector, the capital flow, the problems in the repayment of loans and the deterioration of the existing loan portfolio, the sharp contraction of the 
borrower’s market and the demands’ falling, gradually worsening of liquidity, suspense and etc. problems. Beside this in the meeting also noted the starting to the optimization of expenditures in the bank sectors, increasing the attention to the financing of the small and middle business, strengthening the control to the quality of credit portfolio, giving more attention to the quality of customer services, growing of online services and etc. positive inclination. 
The director of Azerbaijan Bank Training Centre offered the adoption of the state program on supporting bank sector, transferring exchange rate of national currency to the corridor mechanism, stimulation of the processes of consolidation of banks, increasing mortgage loans, speeding up implementation of court decisions, reduction of income tax, declare the strike to the VAT application for the capital investment, to insure all deposits, speeding up the creation of industrial streets and etc.
After the presentation has carried out broad discussion around the theme. Especially, the latest processes happening in the book sectors, the devaluation of manat and expectation, decreasing and increasing of money supply in circulation, non-official circulation, balance of payment, internal problems of bank sector, quality of banking services, and bank finance policy of government made very interesting discussions.
