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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

Training for licensed institutions

The Bank of Albania continuously organizes trainings for the institutions it licenses and supervises in order to raise their awareness on issues related to their daily operational and functional activity and preventive measures against money laundering and terrorism financing.

Training with the Foreign Exchange Bureaus and the Non-bank financial institutions (NBFIs) on the prevention of money laundering and terrorism financing

On 20-21 June 2016, the Bank of Albania, in cooperation with the General Directorate for the Prevention of Money Laundering, organized a training session on the prevention of money laundering and terrorism financing, attended by 32 foreign exchange bureaus and 22 non-bank financial institutions.

This training was organized in the framework of the obligations under the Law “On the prevention of money laundering and terrorism financing”, as amended. The training aimed at raising the awareness of foreign exchange bureaus and non-bank financial institutions on legal and regulatory obligations to prevent money laundering and terrorism financing, and provided practical examples of relevant procedures and measures.