In an official meeting published by the Bank of Albania, Governor Gent Sejko and India’s first ambassador to Albania, Ravindra Prasad Jaiswal, discussed ways to deepen economic and financial cooperation between the two countries. The talks covered economic developments in Albania and India and prospects for stronger exchanges and coordination in areas of mutual interest. Sejko briefed the ambassador on Albania’s recent economic developments, the Bank of Albania’s monetary policy, progress in modernising the financial system and the country’s European integration process. He described the Albanian economy as supported by consumption, investment and tourism, and said the banking sector remains well capitalised, liquid and profitable, with low non-performing loans, growing lending, more modern banking services and further digitalisation of payments. The discussion also covered financial innovation, technological change in banking, and closer institutional, academic and research cooperation, while Ambassador Jaiswal signalled interest in deepening bilateral ties, particularly in trade, economic and financial matters.
Bank of Albania2026-05-21
Bank of Albania discusses stronger economic and financial cooperation with India’s first ambassador to Albania
The Bank of Albania reported that Governor Gent Sejko met India’s first ambassador to Albania, Ravindra Prasad Jaiswal, to discuss strengthening economic and financial cooperation. Sejko outlined Albania’s recent economic developments, monetary policy and financial system modernisation, noting a well-capitalised, liquid and profitable banking sector with low non-performing loans and rising credit. They also discussed financial innovation, technological change in banking and closer institutional, academic and research cooperation, with the ambassador signalling interest in deeper bilateral trade and financial ties.