Regulation 42/2001 " On bank's investments in the equity of commercial companies"

Type: Rules
Approved by: Supervisory Council
Number: 42
Date: 06.06.2001
Enter into force: 17.07.2001
Published in: Official Bulletin of BoA
on: 17.07.2001
Category: Supervision
Department: Banking Supervision
The purpose of this regulation is to establish a balance between the bank's free activity to invest in the equity of commercial companies and its obligation to comply with certain prudential ratios.Subject to this regulation are banks and branches of foreign banks that exercise banking activities in the Republic of Albania.