The Bank of Albania and the EBRD discussed potential cooperation on financing for micro and small enterprises, with the EBRD ready to explore implementation support. They also addressed EU regulatory alignment, deposit insurance capacity and financing for women-led businesses. Governor Gent Sejko called for credit growth that preserves loan quality and sound risk management.
Bank of Albania Governor Gent Sejko and European Bank for Reconstruction and Development representatives discussed potential cooperation on the central bank’s financing program for micro and small enterprises. The EBRD expressed readiness to explore concrete implementation support, extending the Bank of Albania’s efforts to improve smaller businesses’ access to credit. The talks also covered alignment of banking regulation and supervision with European Union standards and support for the Deposit Insurance Agency.
Sejko said the well-capitalized and liquid banking system can support further private-sector financing, but credit expansion must preserve loan quality and sound risk management. Following the launch of the We Finance Code in Albania, he also called for participating financial institutions to turn commitments into measures that improve financing and business opportunities for women-led enterprises.
The Bank of Albania and the EBRD discussed potential cooperation on the central bank’s financing program for micro and small businesses, with the EBRD ready to explore implementation support. They also addressed EU regulatory alignment, deposit insurance capacity and financing for women led enterprises. Governor Gent Sejko called for continued…
Bank of Albania Governor Gent Sejko highlighted longer financing terms and a higher maximum financing amount under the Double Your Enterprise program. The program offers low interest rates and a sovereign guarantee covering up to 70% of collateral, and Sejko called on banks to support its implementation.
The Bank of Albania published remarks from Governor Gent Sejko on the launch of the “Double Your Enterprise” programme, highlighting a longer financing timeline and a higher maximum financing amount for SMEs. He said the programme combines low interest rates with a sovereign guarantee covering up to 70% of required collateral to improve access to…