JET Bank, a financial institution seeking to become the country’s first fully digital bank, was licensed on 3 December by the Supervisory Council of the Bank of Albania.

Speaking at a meeting with young people, Rama highlighted the strong response from applicants eager to work at the new financial institution.

“We now have the new digital bank, recently approved by the Bank of Albania. Its offices are already teeming with young people. The number of applications was impressive. The bank has already interviewed candidates and plans to hire 100 young people immediately,” Rama said.

He described the bank as a next-generation, innovative institution that offers well-paid jobs.

Rama added that the government had also made significant progress on improving salaries.

“Starting in January, we will raise the minimum wage to 500 euros, and it will reach 750 euros by the end of the term. We know that what we must offer are convincing opportunities – well-paid jobs and much higher-quality employment,” he said.

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Under the decision, the council granted preliminary approval for JET Bank to obtain a banking licence and conduct banking and financial activities in Albania.

JET Bank plans to operate entirely digitally, combining advanced technology with a simplified, secure and customer-focused model. Its stated mission is to introduce a new financial services model that differs from traditional banking structures.

During the meeting, the Supervisory Council also reviewed additional information on the Bank of Albania’s day-to-day operational and functional activities.

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