TIRANA, June 29/ATA/ The intensification of the dialogue and cooperation between the Bank of Albania, the Albanian Association of Banks-AAB and commercial banks operating in Albania, on issues related especially to the developments in the financial and banking system during the COVID-19 pandemic situation, was the main focus of the discussion during the today’s meeting attended by the Governor of the BoA, Gent Sejko, the Chairman of the Board of Directors of Albanian Association of Banks-AAB, Bledar Shella and Spiro Brumbullin, AAB General Secretary.
In his remarks, the governor Sejko praised the banking sector in particular the appropriate response to the pandemic, which continued the activity without interruption, providind funds to the businesses and households.
During the meeting the participants discussed the increase of coordinated efforts and institutional interaction, in the light of promoting lending to the economy, by identifying potential investments, with the aim of restoring the country’s economic activity and increasing the contribution of banks to GDP.
They also focused on the further modernization of the payment system, which plays an important role in the education and financial inclusion of the population, as well as the further formalization of the economy, serving at the same time as an additional measure in terms of preventing money laundering. //a.i./
