The visit of the Azerbaijan Banks Association to Prague provided an opportunity to exchange knowledge, foster professional dialogue and strengthen business ties between Azerbaijan and the Czech Republic, with FChain playing an active part.
In October 2026, Prague became a meeting point for representatives of the banking and financial sectors of Azerbaijan and the Czech Republic. From October 12 to 14, the city welcomed an expert delegation from the Azerbaijan Banks Association (ABA), specialising in payment systems and digital banking. The main objectives of the visit were to exchange expertise, gain insights into the Czech financial market and strengthen professional cooperation between the two countries.
Financial Chain Corporation (FChain) was pleased to be part of this initiative, taking part in organising business meetings at various levels, as well as the cultural and business programme for the visiting delegation. The company was represented at the events by Teymur Akhundov, Regional Manager.
Three days of meetings, two markets and one dialogue
The three-day programme brought together representatives of the banking industry, financial institutions and the fintech community. Each day offered new opportunities to exchange ideas, explore industry developments and build professional connections.
October 12: Dialogue with the Czech National Bank and the fintech community
The first day included a meeting with Jan Frait, Vice-Governor of the Czech National Bank. The discussion provided an opportunity to exchange perspectives on the financial sector and gain insights into the Czech banking environment.
The delegation also met with the Czech Fintech Association and representatives of companies that are members of the association. The discussion focused on modern approaches, innovative solutions and systems shaping the development of financial services.
October 13: A full day with the Czech Banking Association
The second day was dedicated to meetings with the Czech Banking Association and its various commissions. The programme provided an opportunity to explore different aspects of the Czech banking sector, exchange professional experience and discuss current industry developments.
October 14: Payments Summit 2026
The final day centred on full-day participation in Payments Summit 2026, held in Prague and organised by the Czech Banking Association. The conference brought together representatives of banks, fintech companies, payment service providers and regulatory institutions to discuss the future of payment systems, emerging technologies and developments across the financial industry.
Throughout the programme, discussions covered key developments shaping finance today, including digital banking, instant payments, transaction security and the prevention of financial fraud. Particular attention was also given to European regulatory developments, including PSD3 and PSR, which are expected to influence the future of payment services.
At first glance, these topics may seem relevant only to professionals working in finance. However, they have a direct impact on everyday life: how quickly and securely we transfer money, pay for purchases, use banking apps and manage our finances. This is why the exchange of knowledge and experience between countries and financial institutions is becoming increasingly important.
Building partnerships through personal connections
We believe that international business relationships are built not only through conferences and formal meetings. Personal connections, cultural understanding and opportunities to continue professional conversations beyond the business programme are equally important.
The cultural programme gave the visiting delegation an opportunity to discover Prague, its history and its unique atmosphere. Experiences like these help people better understand one another, build mutual trust and lay the foundation for long-term partnerships.
For FChain, taking part in international initiatives like this is an important opportunity to expand professional networks, strengthen cooperation between Azerbaijan, the Czech Republic and other countries, and create new opportunities for businesses.
We believe that entering an international market involves more than understanding local legislation and finding business partners. It also requires personal communication, the exchange of experience and an understanding of each country’s unique business environment. That is why we encourage and support companies and entrepreneurs looking to take part in international events, business missions and professional conferences.
FChain would like to express its gratitude to the Azerbaijan Banks Association for the initiative and the opportunity to be part of this programme, and to the Czech Banking Association for organising Payments Summit 2026 and contributing to professional dialogue. We would also like to thank all the organisations and participants who contributed to making this visit possible.
For our team, being part of initiatives that bring professional communities together, strengthen international relationships and create new opportunities for cooperation is truly valuable.
An Evening of Music: FChain at the Embassy of Azerbaijan in Prague
