The Central Bank of the Republic of Kosovo (BQK) has approved its 2024 Annual Report, which concludes that the financial sector remained stable and outlines steps taken to strengthen banking capitalisation and supervision, safeguard the euro as the sole legal tender, and reinforce financial-system integrity. The report records real economic growth of 4.4%, inflation slowing to 1.6%, and public debt at 16.5% of gross domestic product. It highlights the implementation of the regulation on basic payment accounts, reaching more than 390,000 such accounts, and notes further legal and regulatory work, including submission of a pre-application to the Single Euro Payments Area. Institutional updates include governance, internal audit and risk-control reforms, completion of tasks under programmes with the International Monetary Fund, and audited 2024 financial statements with an unmodified opinion. From distributable annual profits of EUR 30.8 million, BQK allocated more than EUR 15.4 million to the state budget for the second consecutive year (2023: EUR 10.37 million) and paid EUR 9.1 million in annual interest on state budget accounts and deposits. The Board-approved report will be submitted to the Assembly of the Republic of Kosovo within the statutory deadline.
Central Bank of the Republic of Kosovo 2025-06-27
Central Bank of the Republic of Kosovo approves 2024 annual report citing stable financial sector and EUR 15.4 million transfer to state budget
The Central Bank of the Republic of Kosovo approved its 2024 Annual Report, confirming financial sector stability and detailing measures to enhance banking capitalisation and supervision. The report notes 4.4% economic growth, 1.6% inflation, and public debt at 16.5% of GDP, alongside regulatory advancements and governance reforms. From EUR 30.8 million in distributable profits, over EUR 15.4 million was allocated to the state budget, with EUR 9.1 million paid in interest on state accounts.