The opening of the first private securities exchange in Albania is an initiative that is getting the support of the main leaders of the domestic financial system.
Minister of Finance and Economy, Arben Ahmetaj, responded to the interest of SCAN TV, that its opening is on the right track to become a real exchange in the country. According to him, this platform will soon expand the range of stock trading.
“Regarding the securities exchange, I myself have been one of the main exchange supporters. I believe that it is still an embryo and that initiative will gradually develop on a fully equipped exchange for Albania, where not only government securities can be traded, but also certified businesses can start funding through capital expansion, issuing of stock. And a third phase may include the shares of regional or even global companies through agreements that this platform can have to be traded in Albania as well”.
The Albanian Financial Supervisory Authority licensed the first private securities exchange ALSE in July.
It is seen as a very important development for the Albanian financial market, as it enables businesses to raise capital by attracting new shareholders.
On the other hand, investors will have the opportunity to invest in a regulated market that offers complete confidence and transparency.