PUBLIC ANNOUNCEMENT 

It was held the 9th meeting of Albanian Network of Financial Education

The Albanian Network of Financial Education (ANFE), an organization created in 2018, supported by 9 financial institutions and representative organizations of market operators: Albanian Association of Banks, Insurance Association of Albania, Albanian Microfinance Association, Association of Life Insurers, Pensions and Investment Funds, Association of Securities Trading in Albania, Albanian Securities Exchange, Junior Achievement of Albania, Partners Albania for Change and Development, National Youth Service, in extraordinary conditions created by the pandemic COVID-19, organized online its 9th meeting, under the custody from two of its members, Insurance Association of Albania and Association of Life Insurers, Pensions and Investment Funds.

In this meeting participated also Ms. Mimoza Kaci, Vice Executive Director of the Albanian Financial Supervisory Authority (AFSA). In her speech Ms. Kaci appreciated the important role that financial education has on consumers and financial market investors. Ms. Kaci highlighted that AFSA is engaged in this direction with a series of initiatives regarding the implementation of the strategy “On increasing the confidence of consumer and investor in the markets under surveillance”. The challenge is the collaboration of all market operators and some institutions in this process, such as Albanian Financial Supervisory Authority, Bank of Albania, Ministry of Education, Sports and Youth, in the function of the development of national platform for financial education.

Participants in this meeting focused and discussed on some terms with interest in financial markets, such as:

  • Health insurance in Covid-19 conditions;
  • Current developments in the markets of private pension, health insurance and investment funds;
  • Latest news on Albanian Securities Exchange and Capital Markets;
  • Educational campaign on “Smart Borrowing” in the Microfinance Market;
  • Dua Partner Invest – A new platform from Partners Shqiperi that serves to start up community by bringing together investors, consultants and start-ups;

With a special interest was followed by participants the presentation from the special guest, Ms. Anja Deinzer, representative of Savings Banks Foundations for International Cooperation.

Ms. Deinzer presented Sparkassenstifung fur international Kooperation (Sparkassenstiftung) and its project for a deep analysis regarding financial education and financial inclusion in urban areas and those rural areas too.

Sparkassenstiftung is an executive agency of the Ministry for Development and Economic Cooperation in Germany. In this framework they support public partners, non-public ones and private sector in order to realize together development measures with the purpose of increasing financial services and inclusion of the small, medium enterprises and farmers.

Based on the decision of Albanian Financial Supervisory Authority no. 167, date 23.10.2020, the Albanian Securities Exchange’s Supervisory Board with the decision no.46, date 29.10.2020 revoked the membership of the subject “Triumf Grup” as Brokerage Firm and its right to operate as Member Broker at the Albanian Securities Exchange.

Staring from 30.10.2020, ALSE has three members. For more information regarding ALSE’s member click here.

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