BANK OF ALBANIA

PRESS RELEASE
President of the Deutsche Bundesbank, Mr. Jens Weidmann, pays an official visit to the Bank of Albania

Publication date: 22.08.2013

 

On 21 August 2013, on the invitation of the Governor of the Bank of Albania Mr. Ardian Fullani, the President of the Deutsche Bundesbank, Mr. Jens Weidmann, paid an official visit to the Bank of Albania.

Meeting with members of the Supervisory Council and heads of departments of the Bank of Albania, Mr. Weidman discussed the latest economic developments in Albania, the region and in the euro area at large.

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Governor Fullani informed Mr. Weidmann on the situation of the Albanian economy and that of the banking system in particular. Moreover, Governor Fullani presented the measures taken by the Bank of Albania to strengthen macroeconomic conditions and guarantee the country's financial stability. He also informed Mr. Weidman on the work of the Bank of Albania towards fulfiling the legal and economic requirements in the framework of Albania's approximation with the European Union and the efforts to initiate and promote regional cooperation between the region's central banks.

President Weidmann commended the performance of the Bank of Albania and its efforts to maintain financial stability in Albania.

The Deutsche Bundesbank is a key provider of technical assistance to the Bank of Albania. President Weidmann affirmed the support for stronger bilateral cooperation between the two central banks.

This is the first official visit of the President of the Deutsche Bundesbank, Mr. Jens Weidmann, in Albania.