Bank of Albania

The Bank of Albania is the country's central bank, responsible for managing monetary policy, issuing the national currency (the lek), and ensuring financial stability. It regulates commercial banks and financial institutions to promote a safe banking system, controls inflation, and maintains the value of the currency. Additionally, it oversees payment systems and acts as a lender of last resort in times of financial distress. Its goal is to support economic growth by maintaining a stable monetary environment, fostering confidence in the financial system, and ensuring the efficient flow of money within Albania.