The Bank of Albania reported on First Deputy Governor Holta Zaçaj’s participation in the International Monetary Fund and World Bank Group Constituency meeting in Lisbon, where discussions covered geopolitical tensions, inflation, growth, financial stability and artificial intelligence. In that context, Zaçaj presented Albania’s latest economic developments, describing growth as solid and supported by domestic demand, tourism and credit expansion, while inflation continues to fluctuate near the Bank of Albania’s target. She also highlighted the central bank’s role in preserving price and financial stability through prudent monetary policy and said the Albanian banking sector remains highly capitalized, sufficiently liquid and characterized by historically low nonperforming loans. On structural priorities, she pointed to the importance of continuing reforms and accelerating European integration, including the benefits from the operationalization of SEPA transfers as a step toward financial integration with the European Union. On artificial intelligence, she said the Bank of Albania aims to build an internal framework aligned with European Union standards to support responsible, transparent and secure use of the technology, including in data analysis, efficiency gains and supervisory processes.
Bank of Albania2026-07-07
Bank of Albania outlines Albania’s economic outlook and plans an EU aligned internal AI framework at IMF World Bank constituency meeting
The Bank of Albania said First Deputy Governor Holta Zaçaj used the IMF and World Bank Constituency meeting in Lisbon to present Albania’s economic outlook and policy priorities. She described growth as solid, inflation as near target and the banking sector as well capitalized and liquid, while also saying the central bank plans an internal artificial intelligence framework aligned with European Union standards. SEPA transfers were highlighted as a step toward deeper European financial integration.