The Bank of Albania reported that Governor Gent Sejko met with World Bank executives Xiaoqing Yu and Martha Licetti to strengthen collaboration on financial stability and financial sector development, including potential projects supported through the World Bank’s Development Policy Lending program for 2026–2027 and priorities for the Financial Sector Assessment Programme. Governor Sejko outlined recent economic developments and said monetary policy decisions will continue to be guided by analysis of the latest economic and financial data, with a focus on preserving price stability while taking into account fiscal policy and exchange rate developments. The talks also covered progress on financial stability, supervisory framework strengthening and alignment with European Union standards, including support provided by FINSAC, as well as payment-system modernisation and digitalisation following Albania’s membership in the Single Euro Payments Area (SEPA); the parties reviewed the status and next steps for developing an instant payment system and the World Bank’s potential technical support.
Bank of Albania 2026-03-18
Bank of Albania meets World Bank to coordinate 2026–2027 financial sector reforms including FSAP and instant payments
The Bank of Albania and World Bank executives discussed enhancing collaboration on financial stability and sector development, focusing on projects under the World Bank’s Development Policy Lending program for 2026–2027. Governor Gent Sejko emphasized monetary policy guided by economic data, price stability, and fiscal policy considerations. Discussions included financial stability progress, EU standards alignment, and payment-system modernization after Albania’s SEPA membership.