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Albania Background Information

This paper describes a evolution of the financial system in Albania. The paper highlights that a two-tier banking system was created following passage of a new Central Bank Law and Commercial Banking Law in April 1992. The State Bank of Albania became the Bank of Albania and retained only the functi...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Government And The Monetary System
Credit
Commercial Banks
Payment Systems
Banks
Finance
Banks And Banking
Industries: Financial Services
Currency; Foreign Exchange
Monetary Economics
Regimes
Financial Institutions
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Mortgages
Money
Foreign Exchange
Standards
Loans
Currencies
Monetary Systems
Banking
Money And Monetary Policy
Albania
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper describes a evolution of the financial system in Albania. The paper highlights that a two-tier banking system was created following passage of a new Central Bank Law and Commercial Banking Law in April 1992. The State Bank of Albania became the Bank of Albania and retained only the functions of a central bank. Its commercial operations were hived off to become the National Bank of Albania in July 1992, which was subsequently merged with the Albanian Commercial Bank to form the National Commercial Bank of Albania on January 1, 1993
Physical Description:80 pages
ISBN:9781451800593

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