BANK OF ALBANIA

PRESS RELEASE
Annual Conference of the Bank of Albania - “A Brave New World? The Future of Banking in Emerging Europe. Rethinking Size, Structure, Ownership, Policies and Incentives”

Publication date: 10.10.2019

 

Annual Conference of the Bank of Albania - “A Brave New World? The Future of Banking in Emerging Europe. Rethinking Size, Structure, Ownership, Policies and Incentives”

The Bank of Albania and the London School of Economics and Political Science’s Institute of Global Affairs (LSE IGA) co-organized the 2019 Annual Conference of the Bank of Albania entitled: “A Brave New World? The Future of Banking in Emerging Europe. Rethinking Size, Structure, Ownership, Policies and Incentives”.

This year, the purpose of the conference was to assess the ongoing shifts in the banking systems and more broadly in financial sectors in terms of size, origin, ownership and incentives globally and regionally, and the implications for the Albanian banking sector and the Southern-Eastern Europe (SEE) region. Among others, the conference investigated how banks in the SEE and in particular in Albania deal with new challenges that arise both from regulators and non-bank financial entities; how banks alter their business model; how they engage with innovative financial products; and ultimately whether they can continue operate as traditional financial intermediaries or not.

The conference brought together senior central bankers from the region, representatives from international financial institutions, market participants and leading academics.