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“Bank of Baku” signs a Memorandum of Understanding with the Azerbaijan Diplomatic Academy

4 April 2013

“Bank of Baku” and Azerbaijan Diplomacy Academy have signed a Memorandum of Understanding. The Memorandum was signed by the Chairman of the Management Board of “Bank of Baku”, Farid Huseynov and the Chairman of the Azerbaijan Diplomacy Academy (ADA), Deputy Minister of Foreign Affairs, Mr. Hafiz Pashayev. The mutual Memorandum outlines the main directions of the proposed cooperation between the Bank and the Academy. According to this Memorandum, students with high academic results will have a chance to benefit from a stipend to be awarded by “Bank of Baku”, while special training courses will be arranged for employees of the Bank within the framework of the Professional Training Courses offered by the ADA.

It has been proposed that the mutual cooperation will also comprise engagement of students and graduates of the ADA into the employment and internship programs of the Bank, holding of joint scientific – practical conferences and for the future – opening of new courses related to banking and finance. The Memorandum is signed for the period of 5 years.

“Bank of Baku” is planning to continue its efforts to expand cooperation with other educational establishments of our country.

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