By Azergold Cjsc

Copyright trend

BAKU, Azerbaijan, September 15.​ The Central
Bank of Azerbaijan continues to expand its international
cooperation to promote social development and financial inclusion
through enhanced financial literacy, Trend reports via CBA.

As part of this effort, the CBA has become a full member of the
International Network on Financial Education (INFE) under the
Organisation for Economic Co-operation and Development (OECD).

The CBA stated that this membership allows participation in
working groups on “Financial Literacy Standards: Implementation and
Assessment,” “Digital Financial Literacy,” and “Financial Literacy
and Sustainable Finance.” The bank will also be directly involved
in developing international policy documents and gain access to the
network’s existing policy resources, enabling regular exposure to
best practices and innovative approaches.

The CBA emphasized that these initiatives will help implement
financial literacy programs in line with international standards,
improve information accessibility, and contribute to the broader
expansion of financial inclusion.

The INFE serves as a global platform that fosters collaboration
among regulators and stakeholders on financial education, collects
internationally comparable data, conducts policy analysis, and
develops policy tools.

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