The Central Bank of the Republic of Kosovo reported that Governor Ahmet Ismaili and Deputy Governor Dardan Fusha participated in a World Bank Group roundtable on implementing the Target Instant Payments Settlement (TIPS) Clone platform, focused on reviewing progress and assessing central bank and national ecosystem readiness ahead of the platform’s planned 2026 launch. The session brought together governors and teams from five Western Balkan central banks, the Bank of Italy and World Bank representatives. The Bank of Italy provided an update on progress toward finalising the TIPS Clone systems for the five participating countries, while each central bank, including Kosovo’s, presented updates on institutional, technical and regulatory preparations and the banking sector’s readiness to integrate. Kosovo’s central bank linked TIPS Clone to faster and more secure payments, stronger regional integration and closer alignment with European payment standards, including the Single Euro Payments Area integration process, and highlighted the need for continued technical and institutional support for implementation.
Central Bank of the Republic of Kosovo 2026-04-18
Central Bank of the Republic of Kosovo joins World Bank roundtable to assess readiness for the TIPS Clone instant payments platform
The Central Bank of the Republic of Kosovo reported on its participation in a World Bank Group roundtable on implementing the Target Instant Payments Settlement (TIPS) Clone platform, reviewing progress and ecosystem readiness ahead of the planned 2026 launch. The Bank of Italy and five Western Balkan central banks, including Kosovo’s, updated on finalising TIPS Clone systems and on institutional, technical and regulatory preparations, with Kosovo highlighting benefits for faster, more secure payments, regional integration, alignment with European payment standards, and the need for continued support.