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Tirana Real Estate Prices are Falling, BoA Confirms

Tirana Real Estate Prices are Falling, BoA Confirms

TIRANA, February 16 The Albanian capital was among the cities that saw house prices falling during the last quarter (Q4) of 2017. The survey on the real estate market conducted by the Bank of Albania (BoA) confirmed that the house prices in Tirana saw a...

BoA Unveils Details about New Lek 10,000 Banknote

BoA Unveils Details about New Lek 10,000 Banknote

TIRANA, December 7 The Supervisory Council of the Bank of Albania (BoA) adopted the details about the new Lek 10,000 banknote. The new banknote will show the image of renowned Albanian poet Asdreni, combined with the symbols of the Albanian flag, and the verse from...

Special Emission of Coins to Honor Skanderbeg to Be Released in 2018

Special Emission of Coins to Honor Skanderbeg to Be Released in 2018

TIRANA, November 24 In the frame of the 550 death anniversary of Albania’s National Hero Gjergj Kastrioti-Skenderbeu, the Supervisory Council of the Bank of Albania (BoA) decided to release a commemorative series of coins under the theme “550 years in memoriam Gjergj-Kastrioti Skenderbeu 1468-2018”, during...

BoA and Central Bank of Turkey Sign Memorandum of Cooperation

BoA and Central Bank of Turkey Sign Memorandum of Cooperation

TIRANA, November 7 A memorandum of cooperation that aims at enhancing cooperation between the Bank of Albania (BoA) and the Central Bank of Turkey was signed on Monday in Tirana. BoA’s Governor Gent Sejko received his Turkish counterpart Murat Cetinkaya, the Ambassador of Turkey to...

Economy on Positive Trend, BoA’s Governor Says

Economy on Positive Trend, BoA’s Governor Says

TIRANA, October 16 Economic activity in Albania marked improvement. This was said by Governor of the Bank of Albania (BoA) Gent Sejko during the annual meeting of the International Monetary Fund (IMF) and the World Bank Group in the United States during October 13-15. Sejko...

Touristic Albania, young people passionate about history

Touristic Albania, young people passionate about history

TIRANA, August 15 Young people who are passionate about history are among many foreign tourists who have chosen this year to visit Albania. The Castle of Shkodra was the starting point for traveling to the historic monuments of two Dutch youths, Marilyn and Dan. “We are...

Economic Growth Higher than Forecast

Economic Growth Higher than Forecast

TIRANA, August 3 The Albanian economy performed better during the first half of the year. This was confirmed by the Governor of the Bank of Albania (BoA) Gent Sejko during the press conference he held on Wednesday on the monetary policy decision of the Supervisory...

Tourist Arrivals Double y-o-y in First Half of 2017

Tourist Arrivals Double y-o-y in First Half of 2017

TIRANA, July 21 Summer is the best time to travel and explore Albania and the data provided by the Institute of Statistics (INSTAT) confirm that the number of international arrivals more than doubled during the first half of the year, compared to 2016. According to...