Relevant Trends of Scientific Research in the Countries of Central and Eastern Europe, Riga, Latvia, 01 November 2020, pp.100-104, (Full Text)
The banking sector of Azerbaijan is one of the most important sectors of the national economy. Its functioning ensures the elimination of gaps in the movement of financial flows of business entities, the accumulation of capitalization of incomes of individuals and legal entities, and serves as the circulatory system of the state economy. The use of the powerful stimulating potential of this sector contributes to the equalization of the economic conditions of economic entities and ensures the financial stability of the country's economy. Against the background of the socio-economic crisis, the tasks of the state regulator in terms of reforming the banking sector are of particular importance. The latest trends in the socio-economic development of countries for a long time are associated with the intensification of external influences. In this context, it becomes necessary to form a new paradigm of state regulation of the banking sector in Azerbaijan, to develop forms and mechanisms of its influence on the socio-economic development of the state