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

Financial Stability Report - 2019 H2

Financial Stability Report - 2019 H2

Author: Financial Stability Department

Printed on: 14.04.2020

Production date: 14.04.2020

Material category : Periodic Publications / Financial Stability Report

The Bank of Albania deems that in 2019 H2 (hereinafter ‘the period’), banking sector showed positive developments in its activity, based on the indicators of financial performance and exposure to risks. Banking sector, driven by the improvement of intermediation, contributed in the economic growth of Albania. Capitalisation indicators and stress tests show the resilience of the banking sector's activity. This stability will be maintained, notwithstanding the serious and exceptional challenge countered by public health and the economic development due to the SAR-COV-2 outbreak (Covid-19).

Entire document [8.75 MB]

Contents
Financial Stability Statement for 2019 H2 [103.83 KB]
1. Overview of main risks to Financial Stability [342.05 KB]
2. Macroeconomic and sectorial developments [997.73 KB]
3. Markets and payment systems [1.12 MB]
4. Financial system [5.98 MB]
5. Macro-prudential policy and risk assessment [613.16 KB]
Annex [71.02 KB]

More on Financial Stability