2007 Financial Stability Report
Author: Bank of Albania
Printed on: 25.09.2008
Production date: 25.09.2008
Material category : Periodic Publications / Financial Stability Report
The analysis of the characteristics of risks in the financial activity of Albania
indicates an increased general level of risk. The risk spectrum has expanded
during 2007 and the same tendency is expected to be maintained during
the present year as well. This performance attributes to the further growth of
investments of the financial system in assets with higher return (and risk), to
the domestic developments in the economy, to its opening and to the gradual
integration with the regional and global financial markets. Nonetheless, based
on the analysis of the regulatory authorities, the financial system is presently
protected from risks arising from internal developments and regional and
global ones. In this context, no risks that may be materialized or which may
harm abruptly and severely the activity of the financial system are identified.
Although the risks level is manageable it is recommended to the regulatory
authorities of the financial market, the financial institutions and to the public
at large to enhance their supervisory prudence.