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BANK OF ALBANIA

PRESS RELEASE

Bank of Albania puts in circulation the 500 lek nominal value legal tender banknote issue of 2015

Publication Date 26.10.2017

The Bank of Albania informs the public that as of 10 November 2017, the 500 lek nominal value legal tender banknote, issue of 2015, will be put in circulation.

The reprint of the Albanian 500 lek nominal value legal tender banknote will be put in circulation following the approval by Decision No 15, dated 26.02.2014 of Bank of Albania's Supervisory Council, pursuant to Law No 8269, dated 23.12.1997 “On the Bank of Albania”, as amended.

The 500 lek nominal value banknote, issue of 2015, has the same composition, design, and dimensions as the 500 lek nominal value banknote, issue of 2007.

The changes from the last issue consist in the year of the issue, “2015” printed on the body of the banknote; the signature of the Governor of the Bank of Albania and that of the Head of the Issue Department; the thickness of the security thread, from 1.5 mm to 2 mm; as well as the spelling of the words “SHQIPËRISË” (Eng: Albania) and “PESËQIND LEKË” (Eng: five hundred lek).

From 10 November 2017, the 500 lek nominal value legal tender banknote, issue of 2015, will be used as a means of payment in parallel to all existing banknotes in circulation of the same denomination, from earlier issues.

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