PRESS RELEASE
Decisions by the Supervisory Council, 19 November 2025

In its meeting of 19 November 2025, the Supervisory Council of the Bank of Albania reviewed and decided to:

• Approve the Medium-Term Development Strategy of the Bank of Albania for 2026-2028

The Medium-Term Development Strategy of the Bank of Albania establishes the institutional objectives for the period 2026-2028 and also serves as a guiding framework for the preparation of the medium-term indicative budget.

The purpose of this Strategy is to provide a proactive response to the challenges arising in the environment where the Bank of Albania operates; enhance cooperation within the institution; uphold the effective and efficient use of resources; and bolster public transparency and accountability.

The Strategy encompasses the main functions of the Bank of Albania:  the policies (monetary policy, foreign exchange reserves, banking supervision, macroprudential policies); the financial infrastructure (currency issuance, payment systems); horizontal functions (research, statistics); and support services (human resources, internal audit, accounting and information technology).

Information on the implementation of the Medium-term Development Strategy is regularly reported in the Bank of Albania’s annual reports.

• Approve the budget of the Bank of Albania for 2026 and its medium-term indicative budget for the period 2027-2028

The approved budget for 2026 and the medium-term indicative budget for 2027-2028 guarantee the fulfillment of the strategic objectives of the Bank of Albania, as forecasted in its Medium-Term Development Strategy. The budget drafting took into account the current situation in international financial markets, the economic and financial developments within the country, as well as current and capital expenditures required for a proper management of assets and human resources.

The budget of the Bank of Albania for 2027 - 2028 aims, among other things, to further strengthen the monetary policy and operational framework, enhance the Bank’s professional capacities, supply the economy with high-quality banknotes and ensure their careful processing, and improve public communication and transparency. At the same time, the budget supports the implementation of necessary investments to improve the technological infrastructure, security, as well as the premises where the Bank of Albania conducts its activity.

The Supervisory Council was also briefed on the daily functional and operational activities of the Bank of Albania.