Financial Stability Report - 2011 H2

This is the seventh issue of the Bank of Albania’s Financial Stability Report, which is produced half-yearly. The purpose of this Report is to detect and assess the risks facing the financial system and its infrastructure, in order to provide the public authorities with the opportunity to identify relevant measures for the necessary adjustments. The Report is opened with the Financial Stability Statement, whose half-yearly release is a legal requirement. In producing this Report, we have used data available at the Bank of Albania, and information has been exchanged with other authorities supervising the financial market activity. We have also used information and analyses of public and private, national and international financial institutions. The data and analyses cover mainly the developments over 2011 H2. Unless otherwise stated, the expectations on the economic and financial outlook generally extend until end-2012.