BNY Mellon and Central Bank of Azerbaijan Discuss Financial Sector Cooperation

The Central Bank of Azerbaijan and The Bank of New York Mellon Corporation discussed opportunities to deepen cooperation within Azerbaijan's financial sector on October 15, 2026. The meeting, which took place during the Annual Meetings of the World Bank and the International Monetary Fund, covered developments in the country's financial sector and initiatives for modernizing its regulatory framework and supervisory system. The Bank of New York Mellon is a global financial services company specializing in asset custody and servicing.

The discussions between a major global financial services provider and a national central bank relate to the modernization of Azerbaijan's financial infrastructure. The meeting focused on key initiatives aimed at improving the country's regulatory and supervisory systems in the financial sector.