Rafael Martins de Lima visited the Azerbaiyan University of Economics to talk about the role of banking in emerging markets.
He explained that banks are key for an economy to properly work. But the problem is that few people know them in depth and when something is not known, people tend to believe that they are the guilty of everything. That makes difficult to manage the system so that they can pull the economy.
Therefore, Rafael Martins de Lima gave some guidelines on how banks should work in emerging economies to help them develop.