Digital transformation of the banking sector of Azerbaijan
https://doi.org/10.31432/1994-2443-2021-16-3-10-20
Abstract
Currently, the effectiveness of banks’ activities and their competitiveness in the financial market largely depends on the introduction of the latest banking services and technological processes. This article examines trends in the digitalization of the banking sector in Azerbaijan. The main purpose of the article is to identify key prospects for the development of digital banking in Azerbaijan in the context of the digital economy. As a result of the study, the problems and prospects of using digital technologies in the banking sector were identified.
About the Authors
Z. F. Mamedov
Azerbaijan State Economic University (UNEC)
Azerbaijan
Azerbaijan
Mamedov Zahid Farrukh, Sc.D. in Economics, Professor, Director of the Department «Organization and Management of Scientific Activities» of the Azerbaijan State Economic University (UNEC), Honored Teacher of Azerbaijan
Baku
E. N. Veliyev
Azerbaijan State Economic University (UNEC)
Azerbaijan
Azerbaijan
Elkhan Nariman oglu Veliyev, Ph.D.
Baku
E. N. Veisov
Belarusian State Economic University
Belarus
Belarus
Veisov Emin Nazim oglu, Master of Economics
Minsk
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Review
For citations:
Mamedov Z.F., Veliyev E.N., Veisov E.N. Digital transformation of the banking sector of Azerbaijan. Information and Innovations. 2021;16(3):10-20. (In Russ.) https://doi.org/10.31432/1994-2443-2021-16-3-10-20
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