Global Finance summed up in the ranking of the best centers of financial innovation. The IBA Innovation Center established by the International Bank of Azerbaijan has become one of the winners in the nomination “The best laboratories of financial innovation.”
Competitive selection for financial innovation centers is held by the magazine Global Financial for the fourth year in a row. Banks, universities, governmental and non-governmental organizations in different countries of the world can take part in such categories as cash management, corporate finance, Islamic banking, payments, trade finance and much more. The purpose of such selection is to stimulate the development of fintech systems and use new trends in this area.
In addition to the IBA Innovative Center of the International Bank of Azerbaijan, the winners of Commerzbank, Deutsche Bank, Deloitte, Barclays and other leading organizations. You can get acquainted with the full list of winners in various nominations here.
Innovation Center IBA has been operating since June last year. The purpose of creating such a center is to support the development of an innovative ecosystem in Azerbaijan and combining all stakeholders in this area. The center helps start-up projects at incubation and acceleration stages. Programs support open innovative ecosystems, as well as the promotion of corporate innovation in the bank.
12 start-up projects have already been successfully completed and represented by investors. You can get acquainted in more detail with the activities of the Center by clicking on the link https://ibainnovation.az/en.
Detailed information on modern, universal, useful products and services of the International Bank of Azerbaijan can be obtained from the branches and branches of the bank, on the website www.ibar.az, calling the information center for the short number 937, as well as on the official page on Facebook.