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Banking system legal framework

The Bank of Albania is the central bank of the Republic of Albania. The laws "On the Bank of Albania" and "On banks in the Republic of Albania" are implemented through decisions, regulations, orders and directives issued by the Bank.

The legal acts are published in the Bank's Official Bulletin. According to the legal framework, their aim is to ensure the banking system stability.

The Supervisory Council, being the highest decision-making and supervising authority of the Bank's policies, management and operations, approves the Bank's laws. Its decisions are based on the Bank's objectives and duties within the powers granted by law.

The Supervisory Council approves acts according to the law and statute of the Bank of Albania whenever necessary or adequate in managing the Bank's activity.

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