The Bank of Albania published an account of Governor Gent Sejko's meeting with a European Bank for Reconstruction and Development delegation led by new Resident Representative Hannes Takacs, centered on Albania's economic and financial outlook and the two institutions' ongoing cooperation. Sejko said the central bank expects the Albanian economy to continue growing at solid rates, and he linked macroeconomic stability to the Bank of Albania's cautious and consistent monetary policy. He also described the banking sector as resilient, with strong capital, liquidity and profitability indicators, and said the non-performing loans ratio has fallen to 3.7%, its lowest level since 2008. The discussion also highlighted several areas of technical cooperation. These included preparing the regulatory infrastructure for managing climate change-related risks, technical assistance to develop the money market in line with international standards, support for the Bank of Albania's self-assessment of its regulatory and supervisory framework against European Union standards, and work on the WE Finance Code to improve access to finance for women entrepreneurs and strengthen financing for micro, small and medium-sized enterprises. European Bank for Reconstruction and Development representatives said they were ready to expand cooperation into other areas of shared interest. Takacs said the institution would continue to support key sectors of Albania's economy, with a focus on business competitiveness, the green transition, digitalisation and entrepreneurship, particularly for small and medium-sized enterprises.
Bank of Albania2026-07-13
Bank of Albania discusses economic outlook and cooperation priorities with the European Bank for Reconstruction and Development
The Bank of Albania used a meeting with the European Bank for Reconstruction and Development to review Albania's economic outlook and current cooperation priorities. Governor Gent Sejko said growth should remain solid and described the banking sector as sound, with the non-performing loans ratio at 3.7%, the lowest level since 2008. The two sides also highlighted joint work on climate risk regulation, money market development, alignment with European Union standards and financing access for women-led and smaller businesses.