The Central Bank of the Republic of Kosovo has signed a new agreement with Banque de France to broaden bilateral cooperation on the management of assets and international reserves, including coverage of new asset categories. The agreement was signed during the 2026 IMF and World Bank Spring Meetings in Washington DC by Governor Ahmet Ismaili and Ivan Odonnat, Director General for Operations and Financial Stability at Banque de France. The framework enables the Central Bank of the Republic of Kosovo to open allocated accounts for non-monetary reserves with full ownership and clear segregation from third-party assets, and to use these reserves as collateral in international operations to support liquidity management. The discussions also covered capacity building through specialised training, potential cooperation on ESG capabilities and participation in relevant networks, and links to other institutions supported by Banque de France; the agreement was presented as complementing the central bank’s active investment mandate and its participation in the World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP).
Central Bank of the Republic of Kosovo 2026-04-16
Central Bank of the Republic of Kosovo signs new cooperation agreement with Banque de France on reserve asset management
The Central Bank of the Republic of Kosovo has signed a new agreement with Banque de France to expand bilateral cooperation on asset and international reserve management, including new asset categories. The framework allows Kosovo’s central bank to open segregated accounts for non-monetary reserves, use these reserves as collateral in international operations to support liquidity management, and pursue capacity building, including potential cooperation on environmental, social and governance capabilities.