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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

Financial Stability Indicators

BANKING SECTOR STRUCTURE

Around 90% of the financial sector assets in Albania are held by banks, followed by investment funds and non-bank financial institutions. Click here for summarized data on the size and structure of the financial sector in Albania. For more detailed information on the segments supervised by the Bank of Albania, click here; for more detailed information on the entities licensed and supervised by the Financial Supervisory Authority click here, and here you will find data on the banking sector as well as on specific banks.

FINANCIAL SOUNDNESS INDICATORS

Financial soundness indicators provide information on the financial soundness of financial institutions as well as households and enterprises and they serve to support the economic and financial stability analysis. The methodology for drafting financial soundness indicators, developed by the International Monetary Fund, is presented in the Compilation Guide on Financial Soundness Indicators (2006). Since the end of 2016, The Bank of Albania publishes quarterly the key indicators of financial soundness in the Time Series. For more information on financial soundness indicators and the way they are drafted click here.