The Central Bank of the Republic of Azerbaijan held an educational seminar
07.07.2021 / Conferences, assembliesThe Central Bank of the Republic of Azerbaijan held an educational "Our national banknotes" seminar at the Institute of Control Systems (ICS) of ANAS on 6 July 2021. The seminar was attended by employees of the Institute of Control Systems and the Central Bank of Azerbaijan. Taking into account the special quarantine regime in our country, the seminar was organized online on the Zoom platform.
At the seminar, Aysel Mammadova, an employee of the cash department of the Central Bank of Azerbaijan, gave detailed information about the banknotes of the Republic of Azerbaijan and spoke about the characteristics and forms of the new generation banknotes.
A. Mammadova also informed the participants about the security features of banknotes, which are of special importance in modern times, and noted that the banknotes have a 4-stage security system in accordance with international practice. According to her, the elements of protection are classified according to special groups, and the authenticity of banknotes can be determined by the population without special knowledge and skills.
Then Nasib Panahov, Head of the Expertise and Anti-counterfeiting Section of the Cash Department of the Central Bank, spoke about counterfeit money. N. Panahov gave detailed information to the seminar participants about amateur and professional methods of counterfeiting banknotes, the ways to detect counterfeit money and the expertise potential of the Central Bank.
N. Panahov spoke about the clean money policy pursued by the Central Bank in order to maintain a high level of quality of banknotes and prevent counterfeiting, numerous awareness-raising activities, internal coordination and international cooperation, pointing out useful resources in this area.
Then the speakers answered the questions of the participants, extensive discussions were held on the topic, opinions and suggestions were voiced.
At the end, the executive director of ICS, Corresponding Member of ANAS Aminaga Sadigov highly appraised the educational seminar on “Our national banknotes” held by ICS by the Central Bank of the Republic of Azerbaijan and noted the importance of raising the public's awareness in this field in accordance with modern requirements. A. Sadigov stressed that ICS is closely involved in solving a number of scientific and practical issues in cooperation with various government agencies, including the Central Bank, and thanked the employees of the Central Bank for organizing the seminar.