BANK OF ALBANIA

PRESS RELEASE
Decisions of the Supervisory Council, 9 January 2019

Publication date: 09.01.2019

 

In the meeting on 9 January 2019, the Supervisory Council of the Bank of Albania reviewed and decided to:

  • Approve the Schedule for the meetings of the Supervisory Council

The Supervisory Council assessed its activity in 2018 and approved the schedule of its meetings for 2019.

This schedule will be published on our website www.bankofalbania.org

  • Appoint the First Deputy Governor of the Bank of Albania

Pursuant to Article 44 of the Law No 8269/1997 "On the Bank of Albania", as amended, upon the proposal of the Governor, the Supervisory Council elected and appointed Ms Luljeta Minxhozi as the First Deputy Governor of the Bank of Albania.

  • Adopt amendments to the Regulation  "On the  Bank's  Regulatory  Capital”

These amendments aim the continuous approximation of the Bank of Albania’ requirements with Basel III requirements on capital ratios. Hence, the minimum ratios (Common Equity Tier 1 and Tier 1 capital, respectively) shall be proportionally adapted to the required minimum capital adequacy ratio (12%).

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