With the support of Expressbank and organized by the Agrarian Services Agency under the Ministry of Agriculture, an educational training session on “Financial Literacy and Cybersecurity for Entrepreneurs” was held for farmers and entrepreneurs at the Jalilabad Vocational Education Center.
During the training, the bank's experts shared practical recommendations on managing financial resources, planning income and expenses, effectively utilizing credit opportunities, and assessing financial risks, as well as protecting against cyber fraud and ensuring the security of personal financial data.
Speaking at the opening of the event, Rashad Mehdizade, Director of the Agrarian Training Center of the Agrarian Services Agency, emphasized the vital importance of financial literacy and cybersecurity in the sustainable development of the agricultural sector and in strengthening the activities of farmers and entrepreneurs. In his speech, he touched upon the priorities outlined in the “State Program on the Development of Production and Processing of Agricultural, Fishery, and Aquaculture Products in the Republic of Azerbaijan for 2026–2030,” specifically regarding the development of agricultural finance, insurance, and risk management mechanisms, as well as the improvement of information and advisory services and innovation extension systems. He noted that raising awareness among farmers and entrepreneurs, ensuring the efficient use of financial resources, and increasing their knowledge of modern technologies are of particular importance in these areas. In this regard, training sessions and educational events organized within the framework of public-private cooperation serve to enhance the knowledge and skills of farmers and promote the widespread adoption of modern agricultural technologies and best practices.
As part of the training, Tofig Mehdiyev, Head of the Economic Security Department at Expressbank, delivered a presentation on “Cybersecurity and Protection Against Cyber Fraud,” providing participants with detailed information on existing threats in the digital environment, cyber fraud methods, and the protection of bank cards and personal financial data, while sharing recommendations for conducting secure online transactions. Subsequently, Yashar Jabarov, Deputy Director of the Bank's Business Banking Department, spoke on “General Financial Literacy for Entrepreneurs,” addressing the planning of income and expenses, proper management of financial resources, effective use of credit opportunities, and assessment of financial risks. He stressed that financial literacy plays a crucial role in the sustainability of entrepreneurial activity and in making sound business decisions.
It should be noted that such educational events are of particular significance in terms of implementing the priority directions defined in the “State Program on the Development of Production and Processing of Agricultural, Fishery, and Aquaculture Products in the Republic of Azerbaijan for 2026–2030.” In particular, the priorities of developing agricultural finance, insurance, and risk management mechanisms, as well as improving information and advisory services and innovation extension systems, necessitate enhancing the knowledge and skills of entrepreneurs, expanding access to financial instruments, and raising awareness about modern technologies.
Expressbank OJSC will continue to stand by farmers and entrepreneurs who play a vital role in the development of the agricultural sector, contribute to realizing their business potential, and support the development of their knowledge and skills so they are better prepared for the challenges of a changing economic environment.
Expressbank OJSC operates under License No. 119 issued by the Central Bank of the Republic of Azerbaijan on December 30, 1992. Address: 134C Y.V. Chamanzaminli St., Baku.
