Sejko: The Albanian economy is expected to maintain solid growth rates
The Governor of the Bank of Albania, Gent Sejko, received today in an official meeting the new Resident Representative of the European Bank for Reconstruction and Development (EBRD) in Albania, Hannes Takacs, with whom he discussed economic developments and cooperation between the two institutions.
During the meeting, Sejko presented the performance of the Albanian economy, emphasizing that "according to the forecasts of the Bank of Albania, the Albanian economy is expected to continue growing at solid rates in the coming period."
The Governor underlined that "the prudent and consistent monetary policy pursued by the Bank of Albania has made a significant contribution to maintaining macroeconomic stability, creating favorable financial conditions for the sustainable development of the economy."
Speaking about the banking sector, he said that the system remains stable, with good indicators of capitalization, liquidity and profitability, while the non-performing loan ratio has dropped to 3.7%, the lowest historical level since 2008.
According to Sejko, "this result reflects the effects of structural reforms undertaken over the last decade, the improvement of the financial discipline of the banking industry, as well as the effectiveness of the regulatory and supervisory framework of the Bank of Albania."
The Governor also appreciated the cooperation with the EBRD on strategic projects, highlighting assistance in managing risks related to climate change, developing the money market according to international standards, aligning the regulatory framework with European Union standards, and implementing the WE Finance Code initiative, which aims to facilitate access to financing for women entrepreneurs and micro, small and medium-sized enterprises.
For his part, the new EBRD Resident Representative, Hannes Takacs, reaffirmed the institution's commitment to continue supporting Albania, with a focus on strengthening business competitiveness, the transition to a green economy, digitalization and entrepreneurship development.
Port of Durres, 28% increase in the first six months - Aliu: Target, over 260 thousand TEU by the end of the year
The increase in the volume of goods and the number of ships has characterized the activity at the Port of Durres during the first six months of 2026. The......
Health emergencies during travel - Hajdarmataj: Insurance policy, a necessity
A health problem while traveling can turn into not only a difficult situation, but also an unaffordable bill. Medical visits, interventions,......
EU adopts new rules for air travel - More rights for passengers. Changes, effective from mid-2027
The European Union has adopted a new package of air travel reforms that strengthens passenger rights, bringing significant changes to the way passengers......
Rental yields fall in some areas of Durrës/ Investropa: Apartment prices have increased faster than the income they generate
Some of Durrës' most popular neighborhoods and areas have become less attractive to investors looking to generate rental income over the past 12 months.......
QKB: Financial statements until July 31 - Which businesses must submit reports?
Albanian and foreign businesses have until July 31, 2026 to submit their financial statements and relevant reports for 2025 to the National Business......
Record honey, but behind the figures lies a decline/ Production increases, hive productivity weakens
Honey production in Albania reached the highest level recorded in the last two decades. According to INSTAT data, sourced from the Ministry of Agriculture......
Over 1 thousand applications for “Grant 2026” - Interest in startups and innovation grows throughout Albania
The "Grant 2026" program has registered over 1,000 applications from all regions of the country, reflecting the growing interest in innovative entrepreneurship......
Professionals gain ground in the labor market/ The representation of managers increases, the weight of agricultural workers decreases
The Albanian labor market underwent changes during 2025, showing a gradual shift in employment towards higher-skilled occupations. According to the data, the......
