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Monetary Policy
The Bank of Albania is responsible for formulating, approving and implementing the monetary policy in the Republic of Albania.

What is Monetary Policy?
- Analyses
Markets
In order to implement the monetary policy, the Bank of Albania carries out operations in the interbank market, the foreign exchange market and the government securities market.

Markets
Financial Stability
The Bank of Albania, in cooperation with other authorities, contributes to safeguarding financial stability in Albania.

Financial Stability
- De-euroziaton package
Supervision
The Bank of Albania is responsible for the licencing and supervision of banks and other institutions that conduct banking and financial activities in the Republic of Albania.

Supervision
- Handling complaints
Resolution
Resolution is the use of appropriate tools in the case of troubled banks facing financial distress.

Resolution
Statistics
The Bank of Albania compiles statistics to support the decision-making processes and bodies and performs statistical functions for the public at large.

Statistics
Currency
The Bank of Albania is the sole authority for issuing banknotes and coins of legal tender in the Republic of Albania. The monetary unit of the Republic of Albania is the "Lek”.

Role of the Bank of Albania in issuing the national currency
- Currency in circulation
Payments
To promote the normal operation and functioning of the payment system, as one of its main duties, the Bank of Albania plays an active role as the operator, overseer and catalyst and reformer of the payment systems.

Payment System
Museum and education
The Bank of Albania has been committed for years to expanding and deepening financial literacy in Albania, through educational activities and publications, as well as through its Museum.

Museum and Education
- Museum of the Bank of Albania
- Education

Financial Stability Reports

Financial Stability Reports

The Bank of Albania has the legal obligation to inform the Council of Ministers and the Albanian Parliament every six months through a statement, whether there are threats to the financial system stability, the nature and type of threat, as well as the need for legal and sub-legal improvements or other legal initiatives to address the identified threats and risks. For this obligation, the Bank publishes the Financial Stability Statement, an integral part of the Financial Stability Report.

The Financial Stability Report is prepared by the Financial Stability Department and started to be published in 2007. The report contains:

an assessment of the main risks to financial stability;
an analysis of the international and macroeconomic developments in the country;
the financial position and risk exposure of households and enterprises;
an analysis of financial markets; and
a detailed analysis of the banking sector, which includes stress test results on stability and liquidity.

The report also contains special analyses and summaries of research papers on relevant topics, in the form of incorporated boxes.