AFSA collaborates with the US Department of Treasury to strengthen non-bank financial markets in Albania
The Financial Supervisory Authority (AMF) is collaborating closely with experts from the US Department of Treasury through its Office of Technical Assistance (OTA), to strengthen non-bank financial markets, spanning several key areas, including information technology, the insurance market, consumer protection, financial education, and especially the development of the capital market in Albania.
In a meeting held, the Executive Director General of the AFSA, Ms. Adela Xhemali, together with her team, discussed with OTA representatives, Arthur Simonson and Ralph Scholtz, the progress of technical assistance and further steps for the creation of a functional and sustainable capital market.
The project aims to expand the range of financial instruments, including promoting bond issuance, with the objective of creating new financing alternatives for the Albanian economy.
The Executive Director of AFSA appreciated the continued support of the experts of the US Department of Treasury, emphasizing that this cooperation represents an important step towards strengthening confidence in the markets and expanding financing opportunities for the public and private sectors in Albania.
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