TIRANA, June 5 /ATA/ – The Bank of Albania and the Bank of Italy have reaffirmed their cooperation on payments systems, with discussions focusing on the implementation of Albania’s TIPS Clone instant payments platform.
First Deputy Governor of the Bank of Albania Holta Zaçaj met Bank of Italy Deputy Governor Chiara Scotti during an official visit to Rome, where the two officials reviewed bilateral cooperation and ongoing joint initiatives.
Zaçaj thanked the Bank of Italy for its continued support through technical assistance, expertise-sharing and joint projects.
The talks focused on progress in the TIPS Clone project, which aims to establish a national instant payments platform aligned with European standards. The system is expected to enable real-time payments 24 hours a day, seven days a week, speeding up transactions for businesses and consumers and supporting financial innovation.
The two sides exchanged views on the project’s next implementation stages and stressed the importance of close coordination to ensure its successful rollout.
Officials also reaffirmed their commitment to expanding cooperation between the two central banks and continuing the exchange of technical expertise in support of institutional modernisation and Albania’s European integration efforts.
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