Deposit insurance

Deposit insurance

Insuring deposited funds is an important element in mitigating the financial crises.

The Governor of the Bank of Albania participated in a meeting of the International Committee of Deposit Insurers for the European Region.

During the activity, Governor Gent Sejko stressed that, after the recent financial crisis, the Bank of Albania has an added responsibility for intervention in extraordinary cases.

Already, the Central Bank has the right to use the necessary instruments to intervene with struggling banks, without affecting financial stability.



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