On January 17, 2020, the Governor of the Bank of Albania, Mr. Gent Sejko held an official meeting with the new Ambassador Extraordinary and Plenipotentiary of the Kingdom of Norway to Albania, resident in Prishtina, HE Jens Erik Grøndahl, at the Bank of Albania. During the meeting, Governor Sejko acquainted His Excellency Ambassador Grøndahl with the financial developments in the country, where he said that the Albanian banking system is liquid, capitalized and with good profitability indicators. The Bank of Albania has been and will remain focused on the careful supervision of the reform of the banking system in the country, contributing to its consolidation.
Referring to the economic performance of the country, Governor Sejko stressed that economic growth has continued the positive trend. While the external macroeconomic environment remains challenging, the monetary authority and other institutions in the country will make every necessary contribution to support the maintenance of macroeconomic parameters.
Governor Sejko said that the institution he leads will continue to be committed to fulfilling the mission of maintaining consumer price stability and financial stability of the country. The Bank of Albania has pursued and will continue to pursue an easing monetary policy in the forthcoming period.
On his part, the Ambassador of the Kingdom of Norway thanked Governor Sejko for the meeting and expressed his appreciation for the important contribution that the Bank of Albania gives to maintaining the macroeconomic stability of the country.
Ambassador Extraordinary and Plenipotentiary Jens Erik Grøndahl, stressed the importance of implementing economic and structural reforms and praised the progress made by Albania in recent years in this regard. Further implementation of reforms in line with European standards will have a positive impact on the opening of negotiations with the European Union and the creation of an attractive environment for foreign investors. Governor Sejko praised the importance of Norwegian investments so far in Albania in terms of employment and economic growth.
The interlocutors shared the same opinion on the further increase of economic cooperation between the two countries as well as on the increase of foreign investments in Albania, in sectors such as tourism, agriculture, mining, etc.
Source: Bank of Albania