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Sejko-Albertini: Partnership in banking field

TIRANA, March 25/ATA/ Governor of the Bank of Albania Gent Sejko received today new Ambassador of Italy to our country Marco Alberti and talked on partnership between the two countries in many sectors and current economic developments.

Governor expressed his gratitude to the Bank of Italy for the help and technical assistance provided in various areas of central banking, and especially in the latest TIPS Clone project.

He also focused on significance of the official opening of negotiations for the first Cluster with the European Union (EU), as a historic moment in Albania’s journey towards integration with the EU.

“On the 100th anniversary of establishment of the National Bank of Albania, the Governor highlighted the valuable contribution of Italy to the establishment of the first national banking institution, which developed the country’s monetary and financial policy. During these 100 years, the Bank of Albania has gone through various challenges, from economic and political changes to the transition to a free market. With a rich history and a clear vision for the future, the Bank of Albania enters its second century as a key institution in guaranteeing the country’s economic stability”, said Sejko.

For his part, Ambassador Alberti praised the role that the Bank of Albania has played in financial stability and the positive impact of monetary policy on price stability in the country. The measures taken by the Bank of Albania have contributed to Albania having one of the lowest inflation rates and one of the highest economic growth rates in the region.

Ambassador Alberti congratulated Governor Sejko on improvement in the rating for Albania by Standard & Poor’s, confirming a “stable” outlook, an evaluation that comes as a result of the stable economic performance over the past years, and improves the country’s image among foreign investors.

Further on, the Ambassador congratulated the Governor on Albania’s admission to the SEPA geographical area under the leadership and coordination of the Bank of Albania, as part of the regional project, “On modernization of payment systems in the Western Balkan countries”. /a.f/p.s./

 

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