The Bank of Albania published remarks by Governor Gent Sejko at the launch of Albania’s national “Double Your Enterprise” programme, where he highlighted updated support for small and medium-sized enterprises through a longer financing timeline and a higher maximum financing amount. In the discussion, financing was framed as a key driver of private investment and economic development, with SMEs presented as central to jobs and growth in Albania. Sejko said the programme offers favorable borrowing conditions, including low interest rates and a sovereign guarantee covering up to 70% of the required collateral, aimed at improving businesses’ access to finance. He urged banks to implement the programme proactively and encouraged businesses to use it, linking the initiative to higher credit expansion for SMEs, greater diversification of banks’ portfolios and stronger entrepreneurial activity.
Bank of Albania2026-07-17
Bank of Albania Governor highlights extended SME financing terms and 70% collateral guarantee under Double Your Enterprise programme
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 bank finance.