Gent Sejko

Bank of Albania lowers interest rates by 0.5% to 2.75%

On November 6th, 2024, the Bank of Albania announced a reduction in the country’s base interest rate in LEK, lowering it by 0.5 percentage points to 2.75%. This decision, made...

Central Bank Governor: Albanian economy grows by 4% in first half of the year

The Governor of the Bank of Albania, Gent Sejko, announced that the country’s economy grew by 4% in the first half of the year. He also noted a 2% decline...

Albania’s Central Bank steps up cyber-security measures

Albania’s Central Bank Governor, Gent Sejko, addressed a hearing at the Commission against Disinformation today, focusing on the rising threats of cyber-attacks targeting the country’s financial institutions. Sejko highlighted a recent...

Albania’s banking sector invests heavily in cybersecurity to counter growing threats

Albanian commercial banks have made significant investments in recent years to enhance cybersecurity measures, aiming to protect against cyber-attacks and strengthen the security of their data and IT infrastructure. This...