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Sejko: Unification of banking services with e-Albania, reduces time and costs

TIRANA, May 6/ATA/ Governor of the Bank of Albania Gent Sejko stated today that unification of the banking services with the e-Albania platform will reduce the time and costs for the citizens.

Present at the meeting in Tirana today of Prime Minister Edi Rama with representatives of commercial second-tier banks for digitalization of payment services, Sejko stressed that, “The government’s focus on online services goes in parallel with the objectives that the BoA has to increase financial inclusion and modernization of the payment system in order to formalize the economy”.

“We have discussed with all the relevant actors in the line, how we can increase the number of bank accounts and the extension of the banking system in all rural areas expanding the financial inclusion. We are also discussing to harmonize the efforts of the banking system with the e-Albania platform so that the services are as functional as possible, there is no shortage. Our coordination with the e-Albania platform should be as perfect as possible so that the services are as fast as possible”, stated Sejko.

He also said that the banks have made significant improvements in terms of the payment system.

“The number of electronic payments has increased if compared to 2017. From 4.3 payments per individual that was in 2017, they have increased to 12.5 payments today,” said the Governor, noting that, “the technical working group set up for this purpose, is working intensively to adapt the bank payment service with the e-Albania platform and very soon we will have a product”.

The governor said that, “11 commercial second-tier banks in the country offer e-banking service and only through a coordination, banks can be in line with the platform that the government has, coming to the aid of individuals, while the interests are common with the banks.”

According to him, “The digitalization of the payment system is in function of reducing costs and fast payment service. While through a new law, we come to the aid of the people in need so that to have a free account and bank card, thus increasing the financial inclusion of the citizens./r.e/p.s./

 

 

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