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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

Prevention of money laundering and terrorism financing

What is Money Laundering?
Money laundering is the process by which proceeds from criminal activities are transformed into “legitimate” money or other assets.

What is the terrorism financing?
Terrorism financing is securing funds to support terrorist activities.

Money laundering and terrorism financing may also involve financial institutions such as banks, non-bank financial institutions and foreign exchange bureaus through money, payment or credit transfer channels.

Involvement, even when unaware, in these processes can seriously jeopardise the reputation of an institution, its regulatory body, the financial system and the country in general.

What is the role of the Bank of Albania in combating money laundering and terrorist financing?
The Bank of Albania, pursuant to the Law "On the prevention of money laundering and terrorism financing", and the Law "On banks in the Republic of Albania" supervises the activity of the institutions it licenses and assesses the applicability of legal and regulatory acts on the prevention of money laundering and terrorism financing.

LIST OF SANCTIONS