COP29 in Baku gathered over 190 countries to advance climate action and reinforce Paris Agreement commitments. Kapital Bank, a key player in Azerbaijan’s banking sector, has shown strong support for international ESG principles, driving the nation’s sustainability goals forward.
During COP29 Kapital Bank, the country’s largest financial institution, actively contributed to COP29 through various initiatives and panels, including Corporate Sustainability, Sustainability Through Digitalization, and Green Finance and Sustainable Development. CEO of Kapital Bank, Farid Huseynov participated in various panel discussions on sustainable development and environmental protection, emphasizing the bank’s innovative financial solutions tailored to support the transition to a green economy. Particularly noteworthy was the Sustainable SME Landscape in Azerbaijan panel, organized by Kapital Bank, which brought together over 70 entrepreneurs to explore innovative solutions, sustainable business goals, and state-private partnerships, underscoring the bank’s leading role in supporting SMEs and sustainable initiatives.
By participating in th 29th UN Climate Change Conference of the Parties (COP29), Kapital Bank demonstrated its dedication to fostering a more sustainable future, both for Azerbaijan and on a global scale. As a key player in the country’s financial sector, the bank’s initiatives align with Azerbaijan’s broader vision of advancing green economic development and solidifying its role as a regional leader in sustainability.
Agility and Innovation: How Kapital Bank is Transforming Azerbaijan’s Financial Landscape
For a bank with a 150-year history and legacy as a pioneer in Azerbaijan’s financial sector, Kapital Bank continues to evolve in line with its customers’ needs. An agile mindset fosters an innovative approach that has seen it drive digital transformation in the domestic market.
In Conversation with Farid Huseynov, Chief Executive Officer, Kapital Bank
Kapital Bank CEO Farid Huseynov spoke about the bank’s leadership in digital transformation, innovation, and sustainability. From AI-powered solutions to fostering a global financial ecosystem, Huseynov shared insights on Kapital Bank’s customer-centric strategies and commitment to environmental and social responsibility.
As the conference wraps up, Baku’s hosting has set a dynamic tone for COP29, underscoring the urgency of global unity in tackling the climate crisis.