ASK conducted a training on “Banking and bank products”

Training on “Banking and Bank Products” has been held today in the Azerbaijan  Entrepreneurs Confederation.

The training was conducted by Ramin Bayramov, General Director of “International Consulting Company”.

The training, which aims to improve the financial literacy of entrepreneurs, provides a comprehensive overview of loan opportunities and products. Trainers were provided with extensive information on the ways to solve problems faced in case of installment loans and as well as information on deposit accounts.

Bank employees who participated in the training noted that entrepreneurs have low financial literacy and they even do not want to read their contracts.

Ramin Bayramov, speaking about the opportunities and risks of micro, small and medium-sized businesses to get loans, noted that the tendency of entrepreneurs to borrowing had negative consequences.

It should be noted that the training was attended by entrepreneurs and bank employees.