BANK OF ALBANIA

PRESS RELEASE
Decisions taken by the Supervisory Council, 6 May 2015

Publication date: 06.05.2015

 

In its meeting held on 6 May 2015, the Supervisory Council of the Bank of Albania, in addition to the decision to keep the key interest rate unchanged at 2.00%, analysed and decided on the following:

  • Appointment of the Second Deputy Governor of the Bank of Albania

Pursuant to Article 44 of the Law No 8269, dated 23.12.1997 "On the Bank of Albania", as amended, upon the proposal of the Governor, the Supervisory Council elected and appointed Ms. Natasha Ahmetaj as the Second Deputy Governor of the Bank of Albania.

  • Approval of the Audit Committee membership

The Supervisory Council approved three of its non-executive members as Audit Committee members.

  • Approval of the Quarterly Monetary Policy Report

The Monetary Policy Report, which is the main instrument for communicating the monetary policy to the public, analyses the latest economic, monetary and financial developments and identifies the factors expected to have an impact on inflation. The Report communicates the judgement of the Bank of Albania on the expected performance of inflation.

As part of our public communication strategy, the Report will be presented to journalists and subsequently published on Bank of Albania's website.