Gent Sejko
Bank of Albania marks 100th anniversary with tribute to national currency and central banking legacy
The Bank of Albania is celebrating its 100th anniversary this year, marking a century since its founding on September 2, 1925. Initially proposed by Albania’s founding father, Ismail Qemali shortly...
Albania keeps interest rate unchanged as inflation declines
The Bank of Albania has maintained the base interest rate at 2.75%, citing ongoing economic growth, higher employment, and declining inflation. In a press conference, Governor Gent Sejko emphasized that...
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...