Albania: Meta meets with Bank of Albania Governor

Albania: Meta meets with Bank of Albania Governor

At his request, Albanian President Ilir Meta received on Thursday the Governor of the Bank of Albania Gent Sejko to discuss the new situation created by the COVID-19 pandemic, as well as the potential impact on the country’s economy and banking sector.

Bank Governor Sejko informed President Meta that the banking sector continued to provide liquidity and was well-capitalized, while all measures have been taken for business with customers to continue smoothly.

“The Bank of Albania is committed to facilitating decisions for the benefit of the business community and the individuals. The Bank of Albania has also analyzed the situation and its potential impact on the country’s economy, and has the necessary means to preserve macroeconomic parameters and financial stability in the country”, Gent Sejko explained.

President Ilir Meta praised the work of the Bank of Albania and expressed confidence that all necessary measures would be taken in a timely manner to avoid adverse effects on both the banking sector and the macroeconomic stability of the country. /ibna