The Albanian Securities Exchange ALSE has now entered another phase, that of educating students of various universities, as well as ventures, on the importance of investing.

The Executive Director of ALSE Artan Gjergji explained to TV SCAN that they have begun to identify businesses with potential investments, as well as providing financial information and orientation to how to list their shares on the stock exchange.

Gjergji held an open lecture with finance and economics students as well as academic staff at a private university in the capital of Albania, explaining everything about the stock exchange, including the fact that it offers the possibility of increasing capital, investment and liquidity.

At the same time, the executive director of ALSE explained how to invest in the stock exchange.

Albanian Securities Exchange ALSE has started its activity on February 22, with the trading of government securities, treasury bills and bonds.

SCAN

During the 31.05.2018 there were no transactions execuded at Albanian Securities Exchange.

On Tuesday, May 29, 2018, Tirana Bank became the newest member of ALSE as it officially began trading on the securities trading session of the Albanian Securities Exchange. Tirana Bank is the first bank licensed by the FSA to trade Government securities according to the decision no. 1 date 21.05.2010. Subsequently, Tirana Bank became a member of ALSE according to the decision no. 15 dated 23.03.2018 of the Supervisory Council for the trading of government securities. Beginning on 29.05.2018, Tirana Bank is the fourth member of the ALSE Securities Exchange and holds full rights together with Credins Bank, the US Investment Bank and the International Trading Bank.

ALSE’s goal is to create a capital market in Albania, which is still struggling to modernize a quarter of a century after a particularly insular style of communism ended. ALSE was founded by Tirana-headquartered Credins Bank and American Bank of Investment (ABI Bank) with 42.5% shareholding interest each and AK Invest, one of the biggest non-banking financial institutions in Albania, with 15%.

Credins Bank and ABI Bank hold 0.13% and 2.85% of the total assets of Albania’s banking system, respectively.

During the 17.05.2018 there were no transactions execuded at Albanian Securities Exchange.

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