BANK OF ALBANIA
PRESS RELEASE
Decisions by the Supervisory Council of the Bank of Albania, 3 August 2016
Publication date: 03.08.2016
On 3 August 2016, the Supervisory Council of the Bank of Albania, in addition to the decision to leave the key interest rate unchanged at 1.25%, reviewed and decided to:
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Approve the Quarterly Monetary Policy Report
The Quarterly Monetary Policy Report is one of the key instruments of communicating the monetary policy to the public. It analyses the most recent economic, monetary and financial developments and describes the underlying factors expected to contribute to inflation performance in the period ahead.
The monetary policy report will be published shortly on Bank of Albania's website: www.bankofalbania.org
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Grant preliminary approval for additional financial activities to the American Bank of Investments
According to this approval, the American Bank of Investments may perform additional financial activities, which will be included in the annex to the licence for this bank.
The Supervisory Council was also informed on the daily functional and operational activities of the Bank of Albania.