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

MREL Report

MREL Report

The report on "Minimum requirement for Regulatory Capital Instruments and Eligible Liabilities - MREL" summarizes the main developments of the banking sector in terms of meeting MREL requirements, in order to ensure that banks maintain sufficient eligible instruments for an effective implementation of the resolution strategy.

After Regulation no. 78/2020 on “Minimum requirement for Regulatory Capital Instruments and Eligible Liabilities - MREL”, Bank of Albania communicates the transitional MREL requirement that banks must meet within the upcoming 12 months and the final MREL requirement that must be completed by 2027.

The report on "Minimum Requirement for Regulatory Capital Instruments and Eligible Liabilities - MREL" provides a broad information on meeting the MREL requirements by banks, banking activity on bond issuances for this purpose, interest rate developments in the financial market and the cost of funding, as well as the impact of the latter on banks’ profitability.

This is the first edition of the MREL report, which focuses on the main developments on meeting the MREL requirements for the period of 2021-2023, and especially the end-year 2023. The report will be periodically updated twice a year.