Bank of albania annual report 2011

 

Production date: 30. Domestic economic activity posted growth and some of Albania’s main macroeconomic and financial balances were controlled and further improved. The Albanian economy has faced a challenging external environment, amid Feb 20, 2024 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. bankofalbania. Annual Report 2004. 19 ChAPTER II PRICE STABILITy ANd BANK oF ALBANIA’ S oBJECTIvE Speech by Mr Ardian Fullani, Governor of the Bank of Albania, at the presentation of the Bank of Albania’s Annual Report 2011 to the Parliamentary Committee on Economy and Finance, Tirana, 30 April 2012. the topics i mentioned briefly are elaborated in more detail in the next sections of the report. The Annual Report contains six chapters featuring both world and Albanian economy developments, Annual Report, 2016 Bank of Albania 10 dear reader, the annual report 2016 is a faithful description of our activities over 2016. KIB: 20911005. Bank of Albania, Sheshi “Avni Rustemi” Nr. 2024. The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. 3 percent, almost at the same growth rate as the nominal GDP. I take this opportunity to express my gratitude to the Albanian Parliament for the persistent Monetary Policy Report is a quarterly publication and its main communication instrument of monetary policy to the public. informacion@procredit-group. This year confirmed once again the altered configuration of global economy. The Bank of Albania, in compliance with its legal responsibilities as the supervisory authority of ARS. Role of the Bank of Albania in issuing the national currency Annual Supervision Report 2021. 1997, “On the Bank of Albania”, lays down its objectives, duties, relationships Jun 16, 2022 · The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. and communication. org Printed in: 350 copies printed by AlbDesign. I consider the presentation of this Report, as well as the today’s hearing, fundamental for the Bank of Albania’s accountability relationship with the Parliament. The Annual Report of the Bank of Albania describes the activity of the Bank of Albania over one year. The financial result of the system was positive and increased in comparison with the past years. 1997, “On the Bank of Albania”, lays down its objectives, duties, relationships with the banking system and state institutions in Albania, as well as Aug 18, 2011 · Annual Supervision Report is prepared by the Supervision Department. May 21, 2009 · Bank of Albania’s Annual Report is a true statement of the opinion of the institution I govern, about the economic developments during the year, the problems, challenges and measures taken for maintaining the macroeconomic and financial balances, improving the economic development infrastructure, developing the money market and encouraging the financial intermediation as well as for a 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. 80 KB] Statistical Report - December 2023. Printed on: 04. Material category : Periodic Publications / Monthly Statistical Report. Following the presentation, the Annual Supervision Report 2020 will be published on BoA’s website. Bank of Albania’s primary objective is to achieve and maintain price stability. 2019. : + 355 4 2419301/2/3; + 355 4 2419401/2/3 Fax: + 355 4 2419408 E-mail: public@bankofalbania. Annual Supervision Report is prepared by the Supervision Department. Printed on: 24. Author: Supervisory Departament. Material category : Periodic Publications / Banking Supervision Annual Report. Supervision is one of the main functions of the Bank of Albania. Its purpose is to consistently exercise adequate control over the banks and other Jun 7, 2023 · The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. Due to the coordinated and successfully planned efforts, the campaign’s target was achieved by 141. Kodi Swift: FEFAALTR . Statistical Report - December 2023. Annual Report 2018. SuperviSion MiSSion the supervisory function of the Bank of Albania, as the central bank of the country, is carried out pursuant to the law “on the Bank of Albania”, no. Production date: 14. The ILF ratio to total AIPS system activity was 2. 1998. 9%, down from 4. The presentation of BoA’s Annual report, an integral part of our transparency process, serves both the institutional dialogue with the Parliament of Albania, as well as the enhancement of Jun 13, 2008 · Annual Report 2007. i hope that, as you read it, you will see beyond the realisation of our Supervision Annual Report analyzes the activity of the banking system and the supervision of the Bank of Albania; It presents the full framework of the supervisory regulatory changes in accordance with standards and international best practices; It provides statistics and information on the entities licensed by the Bank of Albania, as well as issues of implementation of the banking system. In the first tier, it is included the Bank of Albania, whereas in the second one banks and branches of foreign banks and non-bank financial subjects licensed by the Bank of Albania. This slowdown reflected a lower production of electricity and decline in construction activity. Annual Report 2017. 24, Tiranë, Shqipëri Tel. The Albanian economy continued to grow during the first nine months of 2019, mainly underpinned by private consumption and services exports. Annual report pursuant to Section 13 and 15 (d) 02/20/24 10-K Documents. Printed on: 20. Honourable Chairman, honourable Committee members, i avail myself of the moment to thank you, on behalf of the Bank of Albania, for this annual opportunity to present the economic and financial developments over the past year, as well as to report on central bank's progress and results conform to its mission and objectives Jan 7, 2020 · Publication date: 01. 69 KB] The Annual Report is a legal duty of the Bank of Albania for realising the accountability to the Assembly of the Republic of Albania and the communication with the financial system, media and public. 25 KB] The Annual Report of the Bank of Albania provides an analysis of the activity of the Bank of Albania over one year. Jan 24, 2014 · For the first time in Albania, this information is obtained from the survey on measuring the financial literacy of the population, 2011, which was one of activities projected under the EU-funded Twinning Project between the Bank of Albania, the Bank of Italy and the Bank of France. 2006 "On banks in the Republic of Albania" as amended and Regulation No. It also provides a comprehensive framework of the supervisory regulatory changes in line with the best international standards and practices, statistics and information on entities licensed by the Bank of Albania, and matters Feb 7, 2020 · Annual Report 2019. These topics are elaborated in more detail in Bank of Albania’s Annual Report 2014. Mar 20, 2024 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. Monthly Statistical Report 2009. Feb 20, 2024 · Statistical Report - December 2023. Monthly Statistical Report 2007. Aug 27, 2009 · The supervisory function of the Bank of Albania%u2014the central bank of the country%u2014is sanctioned in the Law “On the Bank of Albania, no. The new information analysed in this Reports, has been, overall, better than the expectations of the Bank of Albania. Annual Report 2019. Money supply projected growth rate was by 11. 62 MB] May 19, 2014 · The Bank of Albania operated amid a difficult internal and external macroeconomic context. The purpose of this Report is to detect and assess the risks faced by the financial system and its infrastructure, in order to provide the public authorities with the opportunity to identify relevant measures for necessary adjustments. 47 MB] May 29, 2015 · Annual Report 2014. Our Headquarters Jan 6, 2016 · Year 2015 was full of challenges both for the Albanian economy and the Bank of Albania. Production date: 13. Exchange rate 2016. 07. It constitutes the most important document that in a transparent way, informs the Assembly on the decision-making of the Jun 7, 2021 · 5. It also provides a comprehensive framework of the supervisory regulatory changes in line with the best international standards and practices, statistics and information on entities licensed by the Bank of Albania, and matters 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. Inflation declined in November and December 2022, the economic activity continued to grow in the second half of year, while the normalisation effect of monetary policy stance is Annual inflation averaged 2. 47 MB] Supervision Annual Report 2011 Bank of Albania 7 A. 8269 of 23/12/1997 and the law “on Banks in the republic of Albania”, no. Economic growth was driven by foreign demand and a slight fiscal stimulus. Entire document [8. 9% in the second half of 2011, down by 1. 2008. ceo of emporiki Bank aLBania. It is with great privilege that I present to you the annual activity of the Bank of Albania. Reported to QKB, Ministry of Finance, Bank of Albania. 73 KB] The Annual Report is a legal duty of the Bank of Albania for realising the accountability to the Assembly of the Republic of Albania and the communication with the financial system, media and public. Honourable Chair, distinguished Members of the Committee, ladies and gentlemen, Before starting my speech, i would appreciate your kind understanding about the fact that the period after the submission of the Report has enriched the 2011’s economic data inventory with new information. Key objectives were to make the benefits of the product obvious to the consumers, reinforce the Bank ́s image and support the Branches ́sales activity. Entire document [7. Author: Bank of Albania. org Printed in: 900 copies printed by AlbDesign printing house. The Albanian economy has faced a challenging external environment, amid supply shocks which damaged production in specific sectors of the economy and the impossibility to use the fiscal stimulus. EX-4. Medium-term development strategy of the Bank of Albania 2021-2023 [76. Economic activity slowed its pace in 2013, while aggregate demand and inflationary pressures were weak. Bank of Albania’s Annual Report is a true statement of the opinion of the institution I govern, about the economic developments during the year, the problems, challenges and measures taken for maintaining the macroeconomic and financial balances, improving the economic development infrastructure, developing the money market and encouraging the financial intermediation as well as for a Jun 30, 2020 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. 8269, dated 27. Jan 1, 2002 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. Role of the Bank of Albania in issuing the national currency Monetary Policy Report - 2011 Q3 Bank of Albania The Albanian economy had an overall positive performance during 2011, in spite of an unfavourable external environment. Release year: 2021 Annual Report. It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2011. On Tuesday, 30 June 2020, at 12:00, the Annual Supervision Report 2019 was presented online to journalists covering economic and financial affairs. The Annual Report contains six chapters featuring both world and Albanian economy developments, This publication describes the activities of the BoA and reports on economic developments and monetary policy of the previous year. Published by: Bank of Albania Sheshi “Skënderbej”, Nr. of the Bank of Albania, Tirana Bank complies with the provisions of Law No. Markets Interest rates Year 2010 ended with a positive balance as concerns other activities of the Bank of Albania. Exchange rate 2019. Its purpose is to consistently exercise adequate control over the banks and other May 31, 2023 · I am pleased to be back before the EF Committee to present the Annual Report of the Bank of Albania for 2022. Annual Report 2007. Role of the Bank of Albania in issuing the national currency It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2013. Role of the Bank of Albania in issuing the national currency Sep 19, 2007 · During 2006 the Bank of Albania continued its policy of supervising its licensed entities according to risk characteristics. Monthly Statistical Report 2010. Aug 14, 2014 · It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2013. Its purpose is to consistently exercise adequate control over the banks and other Aug 5, 2019 · Statistical Appendix [389. Article 161 of the Constitution of Albania defines the status of the Bank of Albania and Law No. More specifically, analysis and forecast activities improved; volume and quality of research increased; work to improve the statistical methodology quality at the Bank of Albania continued; activities in the field of education and communication with the public and other economic agents and inter Tel: +355 (4) 2 389 389. The Monetary Policy is designed in the view of achieving the main objective of the Bank of Albania "to achieve and maintain price stability". www. It presents the Governor's comments about the economic and monetary environment. Read the annual and periodic reports of Credins. It is published in Albanian and English, yearly. Luc Beiso. Apr 7, 2019 · Annual Supervision Report 2018. 29%! As I highlighted earlier, in 2010, the Bank of Albania’s monetary policy was implemented in a macroeconomic environment with positive growth rates, contained inflationary pressures and anchored inflation expectations. The Supervision Annual Report analyses the activity of the banking system and the supervision of the Bank of Albania. Exchange rate 2020. 2012 Annual Report 2 Bank of Albania If you use data of this publication, you are requested to cite the source. It presents the full framework of the supervisory and regulatory changes as well as offers information on the entities licensed by the Bank of Albania. It constitutes the most important document that in a transparent Jul 8, 2012 · It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2011. PDF of Bank of America ARS (0000070858-24-000135) (opens in a new window) 236. Jun 7, 2021 · 5. The Bank of Albania is the central bank of the Republic of Albania. 66, date 30. 06. 08. 02. 12. It also provides a comprehensive framework of the supervisory regulatory changes in line with the best international standards and practices, statistics and information on entities licensed by the Bank of Albania, and matters Jun 7, 2023 · The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. Dear ladies and gentlemen, Jun 30, 2020 · Annual Supervision Report 2019. Markets Interest rates Annual inflation averaged 2. The banking system is capitalized well, while certain banks have experienced reduction of the base capital value under the minimum value required by the license level, mainly due to the appreciation of the lek exchange rate and business insolvency. Monthly Statistical Report 2011. com Monetary policy is the set of principles, measures and instruments, through which the central bank intervenes in the financial markets and in the economy, to achieve its price stability objective. 1997 and in the Law “On Banks in the Republic of Albania” no. Production date: 24. Monthly average foreign currencies exchange rates to Albanian Lek show the simple average of daily official exchange rates between foreign currencies and the Albanian Lek. This is the sixth issue of the Bank of Albania’s Financial Stability Report, which is produced half-yearly. 2006 "On the calculation Monthly Statistical Report 2012. In this brief foreword, I would like to introduce the main messages of this Report. Jun 16, 2022 · Annual Report 2021. The Annual Report contains six chapters featuring both world and Albanian economy developments, Jun 7, 2023 · The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. Annual Report 2022. 1% in the previous year. Law ''On payment account with basic features''. 10-K. Annual Report 2020. The principal objective of the Bank of Albania is to achieve and maintain price stability, which is the best contribution of monetary policy for sustainable and long-term economic growth; (ii) issue and circulate the Albanian currency, ensuring the public confidence in the currency, by guaranteeing the quality of banknotes and coins, and Supervision Annual Report analyzes the activity of the banking system and the supervision of the Bank of Albania; It presents the full framework of the supervisory regulatory changes in accordance with standards and international best practices; It provides statistics and information on the entities licensed by the Bank of Albania, as well as issues of implementation of the banking system. Sep 2, 2023 · Quarterly Monetary Policy Report, 2023/I. Annual Report. It also provides a comprehensive framework of the supervisory regulatory changes in line with the best international standards and practices, statistics and Jun 16, 2022 · FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2021 (WITH INDEPENDENT AUDITORS’ REPORT THEREON) [930. Annual Report 2021. Printed on: 14. Exchange rate 2022. It provides a comprehensive overview of the recent macroeconomic developments and the factors that have affected and are expected to affect consumer price performance in Albania. Annual Report 2011 4 Bank of Albania Bank of Albania 5 T A B L E S ChAPTER I GLoBAL ECoNoMy ANd woRLd MARKETS Table 1 Selected macroeconomic indicators 17 Table 2 Selected macroeconomic indicators for BRIC economies 18 Table 3 Economic indicators for some countries in the region. 63/2012 of the Bank of the Albania "On the core principles for managing foreign banks and bank branches, and requirements for approving their administrators", as amended, and This publication describes the activities of the BoA and reports on economic developments and monetary policy of the previous year. 30. More specifically, analysis and forecast activities improved; volume and quality of research increased; work to improve the statistical methodology quality at the Bank of Albania continued; activities in the field of education and communication with the public and other economic agents and inter Jun 7, 2021 · The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. 9662 of 18/12/2006. Its purpose is to consistently exercise adequate control over the banks and other May 28, 2024 · Thank you for the invitation and the opportunity to present to the Committee, the main messages delineated in the Bank of Albania's Annual Report for 2023. Annual Report 2021 Bank of Albania 74 The intraday loan facility (ILF) is an AIPS system instrument offered by the Bank of Albania to participating banks in order to manage daily liquidity and ensure normal continuation of interbank payments operation. Monetary policy decisions are exclusively Aug 5, 2019 · The Report is presented by the Governor to the Parliamentary Commission of Economy and Finance and is subsequently published in the spring of the following year. Exchange rate 2015. The Bank of Albania is Supervision Annual Report Guidelines on credit relations Action plan for non-performing loans Credit Registry Prevention of money laundering and terrorism financing Interest rates and bank commissions Interest rates and commissions for Savings and Loan Associations United Bank of Albania. It is published, in Albanian and English, yearly. Role of the Bank of Albania in issuing the national currency Here you will find our published Annual Report. 47 MB] 2012 Supervision Annual Report 2 Bank of Albania If you use data of this publication, you are requested to cite the source. It highlights the work and achievements of the Bank in view of fulfilling its medium-term development strategy goals. The calculation of official exchange rates are based on regulation No. Economic growth concluded at 2. org. Exchange rate 2014. The return of inflation to target, fostering economic growth, and improving banking system soundness indicators has required special attention. Exchange rate 2017. The Report is presented by the Governor to the Parliamentary Commission of Jul 19, 2011 · Year 2010 ended with a positive balance as concerns other activities of the Bank of Albania. This publication describes the activities of the BoA and reports on economic developments and monetary policy of the previous year. Exchange rate 2021. The financial statements of the Bank of Albania, together with the external auditor's opinion are an integral part of the Annual Report. Download PDF . . Material category : Periodic Publications / Annual Reports. Jul 25, 2004 · The banking system situation during 2003 was stable. 80 MB] The past year was another year of economic growth for Albania. 02/20/24. Role of the Bank of Albania in issuing the national currency . The banking system in the Republic of Albania has a two-tier structure. Private Bag F212, Francistown, Botswana. : + 355 4 2419301/2/3; + 355 4 2419409/10/11 Fax: + 355 4 2419408 E-mail: public@bankofalbania. The Annual Report contains six chapters featuring both world and Albanian economy developments, Annual Supervision Report, 2019 Bank of Albania2 Data from this publication may be used, provided the source is acknowledged. Exchange rate 2018. It constitutes the most important document that in a transparent Annual Report 2021 7 Bank of Albania LEGAL FRAMEWORK The Bank of Albania is the central bank of the Republic of Albania. The Bank of Albania has succeeded in ensuring banking system stability, thus fulfilling one of its legal responsibilities, through constant off-site and on-site supervision, highlighting problems and taking proper measures for their improvement. This report identifies and assesses risks faced by the financial system and its infrastructure, to give public authorities the opportunity to identify the necessary remedies. 2021 2020 2018 2016 2015 2014 2013 2012 2011 2010 2009 2008 The Financial Stability Report analyses important developments in the financial system and identifies the factors that represent a systemic risk. NUIS J 91524011 J. Dec 31, 2011 · Francistown Branch. Annual report to security holders. 241 0450, 240 0400 Oct 1, 2002 · The Bank of Albania started 2002 with a program based on a normal performance of economy and monetary developments. Annual Reports of Credins Bank Albania. 1 percentage points compared to the first half of the same year. The monetary unit of the Republic of Albania is the "Lek”. 04%, reflecting a decline in the share It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2010. Jul 5, 2010 · Bank of Albania’s Annual Report is a true statement of the opinion of the institution I govern, about the economic developments during the year, the problems, challenges and measures taken for maintaining the macroeconomic and financial balances, improving the economic development infrastructure, developing the money market and encouraging the financial intermediation as well as for a Jun 23, 2017 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. The Bank of Albania is May 19, 2014 · The Bank of Albania operated amid a difficult internal and external macroeconomic context. 8365 of 02. 9662, dated 18. Jul 14, 2023 · Annual Supervision Report 2022. Data from INSTAT reveal that economic growth during the first nine months of 2011 was about 2. 8269 of 23. Monthly average foreign currencies exchange rates from year 2002. Entire document [905. Monthly Statistical Report contains statistical data on contains data on the financial sector, external sector, fiscal sector and the real sector. 2023. The Annual Report is a legal duty of the Bank of Albania for realising the accountability to the Assembly of the Republic of Albania and the communication with the financial system, media and public. Author: Statistics Department. Role of the Bank of Albania in issuing the national currency The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. It makes an annual analysis of the activity of the banking system and the Bank of Albania supervision during 2010. Monthly Statistical Report 2008. 9597, Thapama Circle, Francistown, Botswana. 2022. Annual Report 2016. Production date: 20. It is with great privilege that I present to you the annual activity of the Bank of Albania Supervision Annual Report analyzes the activity of the banking system and the supervision of the Bank of Albania; It presents the full framework of the supervisory regulatory changes in accordance with standards and international best practices; It provides statistics and information on the entities licensed by the Bank of Albania, as well as issues of implementation of the banking system. Economic growth, however, improved during 2014 thanks to the growth in domestic demand and private sector activity. Production date: 04. It also provides a comprehensive framework of the supervisory regulatory changes in line with the best international standards and practices, statistics and information on entities licensed by the Bank of Albania, and matters May 24, 2018 · The Report is presented by the Governor to the Parliamentary Commission of Economy and Finance and is subsequently published in the spring of the following year. Release year: 2014 United Bank of Albania. Role of the Bank of Albania in issuing the national currency Jan 1, 2002 · The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. 7%, whereas indirect quantitative data suggest an acceleration of the economy during the fourth quarter of 2011. Printed on: 30. Printed on: 13. 1, Tirana, Albania Tel. 2020. May 24, 2018 · The Report is presented by the Governor to the Parliamentary Commission of Economy and Finance and is subsequently published in the spring of the following year. wq ub aw ln kf jr pw mn cl rt