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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97
The bank was founded in 1925 in Rome as the National Bank of Albania (Albanian: Banka Kombëtare e Shqipnis, Italian: Banca Nazionale d’Albania, Albanian acronym BKS or BKSH), replaced in 1945 by the state-owned Albanian State Bank based in Tirana (Albanian: Banka e Shtetit Shqiptar, BSS or BSHSH), before taking its current name in 1992.
Alexander the Great on the first Albanian 1 Lek coin.. The lek was introduced as the first Albanian currency in February 1926. [2]Before then, Albania was a country without a currency, adhering to a gold standard for the fixation of commercial values.
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Banking in Albania, in its present form dating from 1992, consists of the nation's central bank - the Bank of Albania - and an expanding network of secondary banks.The Bank of Albania has the task of supervising the financial system, which currently contains 16 privately owned banks and many other financial institutions.
Bank of Albania: 2 September 1925: Gent Sejko: bankofalbania.org: Commercial banks. Name Total Assets (2022) [2] Capital Website American Bank of Investments (ABI)
The exchange rate may be more favourable for the visitor than the official commercial rate. The purpose is to channel the foreign exchange to the state coffers instead of the black market. This type of FECs was in use in Germany in 1931–1948 and China in 1980–1994.