Overview:
Established in 1925, the Bank of Albania is the nation’s central bank.
Description:
The Bank of Albania regulates commercial banks, cooperatives, non-bank financial institutions, savings and cooperative banks and certain non-profit institutions. The responsibilities of the Bank are to ensure the soundness of the financial system through the licensing process and regular supervision. Microfinance as a financial activity is contingent to banking activity and falls under Art. 26 of the Banking Law.
Organization’s Website:
http://www.bankofalbania.org/web/Welcome_to_Bank_of_Albania_webpage_5186_2.php?kc=0,0,0,0,0
Just the Facts:
Year founded: 1925
Chief officer: Ardian Fullani, Governor
Basis for legal authority: Bank of Albania Law of 1997 (Law No. 8269 as amended) and Banking Law of 1998 (No. 8365)
Contact Information:
Bank of Albania
Sheshi “Skenderbej,” No. 1
Tirana, Albania
Tel: +355 04 2222152
Fax: +355 04 2223558
Email: public@bankofalbania.org
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Additional Resources:
Latest News & Publications:
http://www.bankofalbania.org/web/press_center_30_2.php
Link to MicroCapital Universe Wiki Page:
https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Bank+of+Albania
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