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Albanian Securities Exchange (ALSE) joint to the international conference taking place on May 27, 2021 in Bucharest Romania, organized by The BURSA Press Group, in partnership with the Romanian Brokers Association, with the topic “CEE Stock Exchanges Cooperation Possibilities”

In the center of the event which was broadcasted live on the website www.bursa.ro, social media as well as by other international partners, was the focus on future trends and opportunities to develop regional capital markets in Central East Europe (CEE) and South East Europe (SEE). During this virtual conference, precious thoughts were shared between very top level managers of the domestic stock exchanges in the region such as Albanian Securities Exchange, Belgrade Stock Exchange, Bucharest Stock Exchange, Budapest Stock Exchange, Bulgarian Stock Exchange, Ljubljana Stock Exchange, Moldova Stock Exchange, Vienna Stock Exchange, Warsaw Stock Exchange (WSE) and Zagreb Stock Exchange. Additionally, interesting feedback came across by various representatives of big issuers listed in domestic stock exchanges of the region.

Invited as a principal speaker of the event, Mr. Artan Gjergji, CEO of Albanian Securities Exchange hold a speech introducing participants with the characteristics of the Albanian capital markets and the challenges ahead to keep the pace with other stock exchanges in the region. On the other side, Mr. Gjergji shared his views on the potential development of the regional capital markets, suggesting the idea of big and medium stock exchanges in CEE & SEE taking the lead to merge and/or acquire shareholding parts on the small stock exchanges (specifically in SEE and Western Balkan countries), in order to push a more organized integration process. This way of proceeding – mentioned Mr. Gjergji, will not just transfer to small exchanges know-how, capital and liquidity, but would help the entire regional capital market to become an important financial hub in front of the big international portfolio investment players.

At the end of the conference, all the representatives of the stock exchanges in the region agreed on the necessity to increase the visibility of the CEE & SEE capital markets. For this reason, the proposal of the Bucharest Stock Exchange and the Romanian Brokers Association on setting up a joint-Working Group to elaborate all the possibilities of future collaboration got the unanimous support. Among potential collaboration means agreed dominated the common financial products, indexes, dual listings, technology sharing as well as potential mergers and acquisitions.

To listen all the presentations held by participants please click here

PRESS RELEASE

Albanian Network for Financial Education (ANFE) holds its 11th meeting

Albanian Network for Financial Education (ANFE) held its 11^th meeting on 21.05.2021, which was organized and chaired by Albanian Microfinance Association, with the presence of Albanian Supervisory Authority and the member organizations of the network. Participants in this virtual meeting stopped and discussed a number of topics of interest to the financial market, which embrace the contribution of ANFE in terms of raising awareness of financial education and improving its level in all segments of the population.

An important place in the discussions was taken by the initiative of the Bank of Albania to create a Nationwide Strategy for Financial Education, an initiative which was welcomed by ANFE and its members, who are committed to contribute maximally to make this strategy as comprehensive and effective as possible, and to enable a deep impact throughout the population. In this regard there were also some presentations and interventions by international experts, who brought their experience in creating similar strategies applied in other countries.

Much appreciated contributions were also presented by the members in terms of activities undertaken in the framework of increasing the level of financial education, such as “Money Week 2021”, the creation of the “Glossary of Financial Terms”, a very serious contribution of all ANFE members for the domestic financial market. Also, information regarding the activities planned during this year, such as “Global Investor Week 2021”, “World Savings Day 2021”, “Borrow Wisely Campaign 2021”, as well as other activities which are being organized on an ongoing basis.

For the information of the Network and its members, presentations were also provided regarding the current operating status of the ALREG Securities Register, as well as regarding the new Law no. 32/2021 “On compulsory insurance in the transport sector”, recently approved by the Albanian Parliament and the innovations it brings as an important step towards legislative approximation to European standards.

Participants provided constructive discussions and made important contributions to the drafting of the action plan regarding the role of the Albanian Financial Education Network in terms of creating the National Strategy for Financial Education, as well as in terms of activities planned throughout the year related to financial education.

About the Albanian Network for Financial Education

The Albanian Network for Financial Education (ANFE), is an organization established in 2018, which is supported by ten financial institutions and representative organizations of market operators: Albanian Association of Banks, Albanian Insurers Association, Albanian Microfinance Association, Albanian Association of Life Insurance, Pensions and Investment Funds, Association of Securities Trading, Albanian Securities Exchange ALSE, Junior Achievement of Albania, Albanian Partners for Change and Development, National Youth Service and German Sparkassestiftung in Albania. The main mission of this network of organizations is to contribute to improving the level of financial education in Albania, by raising awareness, advocating and promoting activities organized by participating organizations on this purpose.

Today on May 21st, 2021, the Albanian Securities Exchange published the Annual Rapport 2020, which reflects the progress ALSE has made and its activity during the third year of operation as an organized market. This Annual Report includes information regarding the stock exchange membership, listing process of the Government debt securities and transactions with them, activities organized by ALSE in the context of public education as well as a wide variety of detailed information, part the institutional activity during 2020.

Despite the fact 2020 has been one of the most difficult years in the history of humankind due to the COVID-19 pandemic spread out, which plunged the whole world into a deep health, social and economic crisis, this year has been quite successful for the domestic financial market in terms of revolutionizing the legal framework. The Albanian Parliament adopted 4 important laws covering financial markets (capital market, investment funds, payment system and the Distributed Ledger Technology sectors (DLT) or as otherwise known, “Blockchain Technology”.

In terms of managing the situation and the effects caused by the COVID-19 pandemic throughout the financial market and consumer behavior, ALSE succeeded to manage in the best way possible all the problems faced, without affecting for a single moment the securities trading sessions and daily affairs. The Annual Report includes more detailed information on the measures taken by ALSE to manage the situation.

For more information click here

For more information about Reported Transaction (OTC) on 12.05.2021 click

For more information about Market Data on 04.05.2021 click

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