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Monetary Policy
The Bank of Albania is responsible for formulating, approving and implementing the monetary policy in the Republic of Albania.

What is Monetary Policy?
- Analyses
Markets
In order to implement the monetary policy, the Bank of Albania carries out operations in the interbank market, the foreign exchange market and the government securities market.

Markets
Financial Stability
The Bank of Albania, in cooperation with other authorities, contributes to safeguarding financial stability in Albania.

Financial Stability
- De-euroziaton package
Supervision
The Bank of Albania is responsible for the licencing and supervision of banks and other institutions that conduct banking and financial activities in the Republic of Albania.

Supervision
- Handling complaints
- Supervisory expectations for green finance
Resolution
Resolution is the use of appropriate tools in the case of troubled banks facing financial distress.

Resolution
Statistics
The Bank of Albania compiles statistics to support the decision-making processes and bodies and performs statistical functions for the public at large.

Statistics
Currency
The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. The monetary unit of the Republic of Albania is the "Lek”.

Role of the Bank of Albania in issuing the national currency
- Currency in circulation
Payments
To promote the normal operation and functioning of the payment system, as one of its main duties, the Bank of Albania plays an active role as the operator, overseer and catalyst and reformer of the payment systems.

Payment System
Museum and education
The Bank of Albania has been committed for years to expanding and deepening financial literacy in Albania, through educational activities and publications, as well as through its Museum.

Museum and Education
- Museum of the Bank of Albania
- Education

Coins in circulation

The coin series in circulation comprises six different denominations: 5, 10, 20, 50 and 100 LEKE, issued in different years.

1 Lek

1 Lek

Features a pelican, issued in 1996, 2008, 2013.

5 lek

5 lek

Features the eagle of the Albanian flag, issued in 1995, 2000, 2011, 2014, 2020.

10 lek

10 lek

Features the Castle of Berat, issued in 1996, 2000, 2009, 2013, 2018.

20 lek

20 lek

Features the Liburnian ship, issued in 1996, 2000, 2012, 2020.

50 lek

50 lek

Features the Illyrian King Gent, issued in 1996 2000, 2020.

50 Lek

50 Lek

Features an Illyrian helmet, issued in 2003.

100 lek

100 lek

Features the Illyrian Queen Teuta, issued in 2000.