Shqip

Home
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

Numismatics

In addition to banknotes and coins in circulation, the Bank of Albania issues banknotes, coins and medallions for commemorative purposes. They serve to commemorate important events and personalities.
The National Bank of Albania (Banka Kombëtare e Shqipnis) started to mint commemorative coins in mid-1920s. The Katundari (Municipality) of Korça printed commemorative banknotes at the beginning of 1920s.

The National Bank of Albania minted the first coin for commemorative and circulation purposes. The 20 Gold francs, issued in 1926, commemorated “The Pact of Friendship and Security” between Italy and Albania, signed in 1926.

The 20 Skënder banknote was printed by the Katundaria (Municipality) of Korça in 1921. It was the first commemorative banknote on the occasion of confirming the political and administrative borders of Albania at the Conference of Ambassadors in Paris, November 1921.

Commemorative Emissions 1968-2018

In addition to commemorative coins and banknotes, commectors are interested in previous issues of the Bank of Albania.

Banknotes issued by the National Bank of Albania, 1925-1945

Banknotes issued by the State Bank of Albania, 1945-1992

Coins issued by the National Bank of Albania, 1926-1945

Coins issued by the State Bank of Albania, 1945-1992