Decisions of the Supervisory Council, 28 March 2018

On 28 March 2018, in addition to the decision to keep the monetary policy rate unchanged at 1.25%, as well as the interest rates for the overnight deposit facility and the overnight lending facility at 0.25% and 2.25%, respectively, the Supervisory Council of the Bank of Albania reviewed and decided to:

• Approve the Financial Statements of the Bank of Albania for the year 2017

The financial statements of the Bank of Albania for the year 2017 are prepared in full compliance with the International Financial Reporting Standards (IFRS). These statements are audited by KPMG Albania Sh.p.k., and together with the independent auditor's report are an integral part of the Annual Report of the Bank of Albania for 2017.

As at end-2017, the total assets of the Bank of Albania amounted to around ALL 533 billion, around ALL 8 billion higher than at end-2016. Accounting for 46%, investments in foreign securities, part of the international reserve of the Bank of Albania, had the highest share in total assets.

• Approve amendments to the Regulation “On the organisation and functioning of the National Payment System Committee"

In accordance with these amendments, representatives of non-bank financial institutions that carry out the payment activity and of operators for clearing and settlement infrastructures shall become part of the National Payment System Committee.

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