President Meta receives the Governor of the Bank of Albania, Mr. Gent Sejko

President Meta receives the Governor of the Bank of Albania, Mr. Gent Sejko

The President of the Republic of Albania, H. E. Ilir Meta, at his request, received today the Governor of the Bank of Albania, Mr. Gent Sejko, to discuss the new situation created by the COVID 19 pandemic, as well as the potential effects on the domestic economy and the banking sector.

Governor Sejko informed President Meta that the state of the banking sector continues to be liquid and well-capitalized, and that all measures have been taken to ensure a smooth continuation of operational activity with customers.

“The Bank of Albania is committed to facilitating decisions in the interest of the business community and individuals. Also, the Bank of Albania has analyzed the situation created, its potential effects on the country’s economy and has the necessary instruments in place to maintain macroeconomic parameters and financial stability in the country ”, explained Governor Sejko.

President Meta praised the work of the Bank of Albania and expressed confidence that all necessary measures will be taken in time to avoid negative effects on both the banking sector and the country’s macroeconomic stability.