The Central Bank of the Republic of Kosovo reported that Deputy Governor Milot Cakaj met Philip Brown, chief executive of Clearstream, during the 2025 International Monetary Fund and World Bank Annual Meetings in Washington, D.C., to discuss potential cooperation in the management of the central bank’s international reserves. The discussion covered possible custody services and access to advanced financial market products and services, including securities lending and borrowing, in support of the country’s financial market. Clearstream is part of the Deutsche Börse Group, based in Luxembourg, and is a partner of the Deutsche Bundesbank, one of the central bank’s key counterparts for reserve, liquidity and investment management. The central bank indicated that any further development of cooperation could support the integration of modern technological solutions into its asset management processes and improve operational efficiency, as part of its efforts to broaden and diversify strategic partnerships in reserves management.
Central Bank of the Republic of Kosovo 2025-10-18
Central Bank of the Republic of Kosovo explores cooperation with Clearstream on international reserve custody and securities financing services
The Central Bank of the Republic of Kosovo is exploring cooperation with Clearstream, part of the Deutsche Börse Group, to enhance management of its international reserves. Discussions at the IMF and World Bank Annual Meetings focused on custody services and advanced financial market products, aiming to integrate modern technological solutions and improve operational efficiency.