Ninth annual meeting of the National Payment Systems Committee, December 13th, 2023

The 9th annual meeting of the National Payment System Committee was held under the chairmanship of Mrs. Luljeta Minxhozi, First Deputy Governor of the Bank of Albania, on December 13th, 2023. Representatives from the World Bank and Banca d’Italia were invited in this meeting, in addition to the representatives of the domestic payment community. Mrs. Minxhozi highlighted some major projects of Bank of Albania which aim to improve financial access, to increase the safety and efficiency of the payment market infrastructure and eventually achieve its integration in the European payment market.

Participants discussed on the overachievement of the objectives of the Albanian National Retail Payments Strategy foreseen to end in 2023, as well as Albania’s commitments in the Western Balkan regional projects. Further, discussions were focused on banking sector readiness to implement open banking standarts and the upcoming upgrade of payment systems operated by  Bank of Albania, which will require full cooperation from banks. At the end the meeting, Bank of Albania presented its Strategy on Financial Education and Inclusion, pointing out the importance of having all groups of interest cooperate and coordinate their efforts to achieve the strategy objectives.  

  1. Meeting Agenda
  2. Summary of the meeting

 

Presentations