The Central Bank of the Republic of Kosovo published a readout of Governor Ahmet Ismaili’s meeting in Frankfurt with Deutsche Bundesbank President Joachim Nagel, centred on maintaining and expanding cooperation as Kosovo advances financial-sector reforms and European integration efforts. Ismaili outlined key developments in Kosovo’s financial sector, institutional and financial-sector reform priorities, and progress in integration processes toward the European Union, including the pre-application process for membership in the Single Euro Payments Area and work on a fast payments system through the TIPS Clone project with the Bank of Italy. The discussion also covered ongoing reforms to align Kosovo’s banking regulation with European Union requirements, with a focus on further cooperation in financial stability, supervision and other shared areas; the note referenced Bundesbank support in capacity building, asset and international reserve management, operation of a REPO line on behalf of the Eurosystem, and other operational support.
Central Bank of the Republic of Kosovo 2025-05-12
Central Bank of the Republic of Kosovo discusses EU-aligned banking reforms, SEPA pre-application and fast payments with Deutsche Bundesbank
The Central Bank of the Republic of Kosovo detailed Governor Ahmet Ismaili's meeting with Deutsche Bundesbank President Joachim Nagel, emphasizing cooperation in financial-sector reforms and European integration. Discussions included Kosovo's EU integration progress, the Single Euro Payments Area pre-application, and the TIPS Clone project with the Bank of Italy. The meeting also addressed aligning Kosovo's banking regulations with EU standards, with Bundesbank support in capacity building and operational areas.