Wednesday, September 10, 2014

 

Bank of Albania says monetary market stable

TIRANA, Sept. 10 (Xinhua) -- Bank of Albania said Wednesday the monetary market is stable in the country.
The developments in the Albanian monetary market, in currency exchange and in the inter-banking one present themselves stable regarding the volume of activities and volatility, in accordance with their season furthering progress and historical trends, said the bank.
According to Albanian Telegraphic Agency, Bank of Albania Supervisory Council held a meeting on Wednesday to follow closely and continuously the developments in market and financial institutions, the activities of Bank of Albania.
Operative figures from banking sector, show a normal progress of deposits level and a stable situation regarding on-going activities.
The Council was briefed on the taken measures progress and appreciates Bank of Albania's direction efforts to normalize the situation. In this context, the Council highlighted the praising and full support for the central monetary institution's personnel work.
It states that law sanctioning are coherent and proper regarding the Bank of Albania furthering of activities even in this very particular situation.

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