For more information about Monthly Statistical Report December 2020 click here
Albanian Stock Exchange ALSE and Junior Achievement of Albania with the financial support of the Albanian American Development Foundation, finalize a projet which aims to educate the public with the terminology and general procedures of the capital market, investments and securities trading. 10 animated educational videos related to the capital market and its operators have been concluded from this project. The educational videos have a focus on all age groups, are comprehensive and explain in simple worlds the most important basic concepts related to the capital market.
In these educational videos the main topics are related to Government Securities (Treasury Bills and Treasury Bonds), Corporate Debt Securities, Capital Securities as shares, Stock Exchanges and how it operates, Capital Market Regulators, as well as information about market operators such as Brokerage Firms, Investment Funds and Voluntary Pension Funds.
To access the videos as well as a summary information for each of them, click here (Albanian only)
For more information about Market Data on 24.12.2020 click
For more information about Reported Transaction (OTC) on 21.12.2020 click
For more information about Market Data on 15.12.2020 click
TIRANA (Albania), December 11 (SeeNews) – The net profit of banks in Albania fell to 12.6 billion leks ($122.0 million/100.7 million euro) in the first ten months of the year, from 17.2 billion leks in the same period of 2019, the Albanian Association of Banks (AAB) said.
The Albanian banking sector’s outstanding loan portfolio expanded to 592.4 billion leks as at the end of October, from 576.1 billion leks a year earlier, AAB said in a monthly report, citing data of the country’s central bank.
The ratio of problem loans to total loans dropped to 8.29%, from 10.17% at the end of October 2019.
Deposits increased to 1,255 billion leks, from 1,180 billion leks.
The total assets of Albania’s banking system rose to 1,558 billion leks at the end of October, from 1,459 billion leks a year earlier.
Return on assets (ROA) decreased to 1.09 billion leks, from 1.53 billion leks. Return on equity also fell, to 9.66 billion leks from 14.05 billion leks.
The figures comprise the financial results of 12 Albanian banks. The largest one by assets is Banka Kombetare Tregtare (BKT).
Source: SeeNews
For more information about Reported Transaction (OTC) on 07.12.2020 click
For more information about Market Data on 03.12.2020 click
For more information about Monthly Statistical Report November 2020 click here
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.