The Parliamentary Committee on Economy, Employment and Finance reviewed the draft resolution on the annual activity report of the Bank of Albania for 2025. The committee also defined key priorities for the institution’s work in 2026.
First, committee rapporteur and chair Milva Ekonomi praised the role of the Bank of Albania in maintaining financial stability and controlling inflation. At the same time, she stressed the need for deeper reforms aligned with European Union standards.
Moreover, the committee outlined several strategic priorities for 2026. These include advancing the legal and institutional alignment of the central bank with EU regulations, especially in financial governance and deposit protection mechanisms.
In addition, lawmakers urged the drafting of a new banking law in line with European standards. As a result, they aim to strengthen credit institutions and increase contributions to the deposit insurance fund up to 1% of covered deposits.
Furthermore, the committee called for a more active monetary policy approach to labor market developments, demographic trends, and exchange rate dynamics. It also emphasized distinguishing between temporary and structural economic factors.
Importantly, the committee recommended a cautious approach to exchange rate policy. It stressed that the flexible exchange rate regime should remain a buffer against shocks, while interventions should only occur when necessary for monetary stability or reserve accumulation.
In parallel, the report called for stronger supervision of large credit exposures, particularly in real estate, construction, transport, and port sectors. It also highlighted the need to update payment systems, strengthen cybersecurity, expand open banking, and improve monitoring of newly licensed banks.
Finally, Milva Ekonomi stated that these measures aim to reinforce financial stability, increase transparency, and further align Albania’s banking system with European standards.
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