Unlock Credits!

Unlock Credits!

Bank of Albania Governor, Gent Sejko has asked the banking sector to expand their range of credit products.

Speaking during the meeting with leaders of the Banking sector, Sejko urged banks to focus their attention on sectors that offer a high potential for return.

“The Bank of Albania finds that the banking sector should expand the range of credit products, especially in terms of project financing, to ensure better coverage for both the Albanian economy and the needs of individual borrowers.

“Put attention to those sectors that offer high return potential, such as agriculture or new innovative businesses in the field of information technology.

Complement the range of financial products with derivative instruments to hedge against exchange rate risk, especially for those borrowers who exposed to it,” iterated Governor Sejko.

EMISIONET