Legal changes prevent use of taxpayer money in case of bank collapse

Tirana Times
By Tirana Times December 9, 2016 11:37

Legal changes prevent use of taxpayer money in case of bank collapse

Story Highlights

  • “The drafting of a specific law is made to be in compliance with the European directive and not because we have problems with our banking system as this system is well-capitalized and with excess liquidity. There is no bank in trouble and this way there is no need to make use of this law for the moment," says governor Sejko

Related Articles

TIRANA, Dec. 6 – Albania’s central bank has proposed some new legal changes aimed at protecting the country’s financial system and minimizing the need to use taxpayer money in case

Tirana Times
By Tirana Times December 9, 2016 11:37