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KEY ISSUES Background: On February 28, the Executive Board approved a three-year Extended Arrangement with access of SDR 295.42 million (492.4 percent of quota). A purchase of SDR 23.55 million (about EUR 26.4 million) was made in April 2014, and another will be made in the same amount upon...
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expected to have a muted effect on growth and on the balance of payments, as pass-through is weak and Albania is only a small … assist the Bank of Albania’s Audit Committee from February to May 2015. Program risks emanate from external disinflationary …
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Albania enjoyed strong growth with comparatively benign external vulnerabilities before the crisis. Monetary policy …
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This paper describes a evolution of the financial system in Albania. The paper highlights that a two-tier banking … Albania became the Bank of Albania and retained only the functions of a central bank. Its commercial operations were hived off … to become the National Bank of Albania in July 1992, which was subsequently merged with the Albanian Commercial Bank to …
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