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Decision of the Supervisory Council on the meeting of 9 January 2019

Decision of the Supervisory Council on the meeting of 9 January 2019

In its meeting of 9 January 2019, the Supervisory Council of the Bank of Albania reviewed and decided:

  • Approval of the work program of the Supervisory Council

The Supervisory Council analyzed its activity for 2018 and approved the 2019 work program, along with the calendar of meetings to be held this year.

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This calendar will be published on our website www.bankofalbania.org .

  • Appointment of the First Deputy Governor of the Bank of Albania

Pursuant to Article 44 of Law 8269/1997 “On the Bank of Albania”, as amended, on the proposal of the Governor, the Supervisory Council elected and appointed Ms. Luljeta Minxhozi as the First Deputy Governor of the Bank of Albania.

  • The adoption of some amendments to the regulation “On bank regulatory capital”

These changes aim at the continued alignment of Bank of Albania’s requirements with Basel III requirements for capital ratios. Thus, the minimum ratios (ie first level and first level capital) will be adjusted proportionally to the minimum required level of capital adequacy ratio (12%).

The Supervisory Council was also acquainted with other information related to the daily operational and operational activity of the Bank of Albania.

News Source: Bank of Albania

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