Planning the Resolution
The Bank of Albania prepares the plan and selects the resolution strategy.
The resolution strategy sets out if and how a bank will be resolved in the event that it runs into difficulties. The Bank of Albania selects the strategy in order to enable the continuity of the bank’s critical functions and safeguard financial stability.
Based on the selected strategy, the Bank of Albania drafts the resolution plan with detailed steps to be followed by banks in case they face any difficulty.