International Bank of Azerbaijan’s subsidiary agency in Russia IBA-Moscow has become a member of Russian National Association of Stock Market Participants (NAUFOR). 

IBA press service says that, head of the department on issues with investment and private capital, head of Prestige Club Faghan Naghiyev assessed the membership of IBA-Moscow to NAUFOR as an important stage in the development of Investment Banking sphere. 

He noted that, Association aims to create condition for professional activity of the stock market’s participants, improvement of legal regulation system, adoption of rules and standards on securities operations and protection of the rights of the investors. 

Note that, the Association has 283 members.

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