TIRANA, June 10 /ATA/ – The International Monetary Fund (IMF) lauded the regulatory measures taken by Albania’s Financial Supervisory Authority (AFSA) during the pandemic year.
Press service at Financial Supervisory Authority said Thursday that AFSA Director General Ervin Mete and Head of the IMF Mission to Albania Yan Sun discussed performance of the markets under the Authority’s supervision, the pandemic effects, as well as the country’s key financial indicators.
AFSA Director Mete underlined during meeting that the non-bank financial markets generally withstood the pandemic effects, while indicators in the first quarter of 2021 suggest a return to normalcy, marking an increase in net income and assets.
Mete informed Head of the IMF Mission on AFSA activity to complete the legal and regulatory framework on the markets under supervision.
The Head of the IMF Mission, Yan Sun, commended the role and regulatory measures taken by the Authority during the pandemic year, in order to guarantee financial stability and maintain the financial indicators.
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