The Albanian Development Bank has officially registered as a joint-stock company at the National Business Center (QKB), marking the first step toward its formal establishment in Albania. The bank aims to support economic growth and the development of small and medium-sized enterprises, boosting productivity, competitiveness, and expansion into international markets.

The bank will operate with a two-tier management structure, including an administrator and a Supervisory Board.

The Ministry of Finance is the sole shareholder, owning 100% of the bank’s shares. The bank’s initial capital is 10 billion lek. It will provide financing for small and medium enterprises, domestic startups, and projects supporting physical and digital infrastructure development. Additionally, it will support exports of goods and services as well as public projects at central and local levels.

The Albanian Development Bank will offer short-, medium-, and long-term loans to legal entities. It will also co-finance projects with domestic and international financial institutions. The bank will issue financial and commercial guarantees, purchase corporate bonds, and invest in equity instruments.

Furthermore, the bank may issue bonds in domestic and international markets and accept deposits from other banks and financial institutions. It will also have access to the Bank of Albania’s monetary policies and refinancing schemes.

The bank’s headquarters will be located on “Dëshmorët e Kombit” Boulevard in Tirana.

/a.c/