Tirana, October 17 – Governor of the Bank of Albania Gent Sejko met with World Bank Executive Director for Albania Matteo Bugamelli. They discussed the Albanian banking sector, the new Banking Law, and payment system modernization.

The meeting took place during the 2025 Annual Meetings of the International Monetary Fund and the World Bank in Washington, D.C.

Sejko highlighted the sector’s stability. He also noted its operational resilience. Meanwhile, Bugamelli emphasized the importance of legal reforms. They agreed that the new Banking Law is crucial. The World Bank provides technical support for this initiative.

In addition, the officials reviewed payment system projects. They discussed Albania’s SEPA membership. They also examined the instant payments project using the TIPS clone platform. These measures aim to modernize the country’s financial infrastructure.

Sejko praised the strategic partnership with the World Bank. Bugamelli reaffirmed support for Albania’s sustainable economic growth. They both emphasized strengthening financial stability in the country.

/a.p./