What role will the Development Bank have in exports? - Strengthening "Made in Albania", access to credit and financial intermediation
The Albanian government aims to strengthen Albanian exports and promote domestic production through several mechanisms.
One of the main mechanisms is related to financial instruments, as exporters are significantly exposed to the exchange rate and have suffered significant losses in recent years, making them more in need of liquidity and access to credit.
To this end, the Development Bank, whose law was approved last year, is expected to play a key role not only in financing and modernizing Albanian industry, but will also serve as an export agency to insure exports, reducing costs and risk for exporters.
Through it, European Union instruments will also be used to promote domestic production and access the "Made in Albania" brand to European and Western Balkan markets.
Referring to the law, the Albanian Development Bank was created with the aim of supporting Albanian enterprises that do not have sufficient access to financing from the traditional market and which often face difficulties in securing loans or investments for expansion and innovation, having a complementary role to financing provided by commercial institutions.
Specifically, the Albanian Development Bank will provide loans, provide guarantees and invest in debt and equity securities, helping to implement projects of particular importance to the economy. Through financial schemes, the Albanian Development Bank will promote and support projects at central and local levels, focusing on strategic sectors.
This Bank will provide financing to small and medium-sized enterprises, microenterprises, and start-ups, with the aim of increasing their productivity, competitiveness, and presence in international markets. The Albanian Development Bank aims to support Albanian exports by encouraging production and services that can successfully compete in foreign markets. Also, one of the objectives of this Bank will be to improve and modernize the country's physical and digital infrastructure, with a special focus on green investments.
The Albanian Development Bank will also serve as a financial intermediary for the European Investment Bank and other such international institutions, in terms of channeling the loans and funds they provide for the implementation of public projects at the central and local levels.
Cars change "leader", heavy transport remains loyal / Volkswagen, at the top of cars. Mercedes, "unbreakable" in heavy vehicles
Volkswagen seems to be gaining more and more ground in the Albanian automotive market, challenging the historical dominance of Mercedes-Benz. Data for 2025......
After 20 years, Albania closes "ghost" state-owned enterprises - On the list, Albbakër, Albkrom, Tobacco-Cigarettes, Superphosphate and "Shares Center"
After more than 20 years of procrastination, the Albanian state is intervening to put an end to a problematic chapter in the public economy: state-owned......
Albania towards the Schengen Zone - What is the plan to enable free movement without internal border controls with the EU?
Albania is preparing to integrate into the Schengen Area. To do so, the country must first meet certain requirements that will enable free movement without......
Over 20 thousand new businesses opened in 2025/ Tirana leads Albania, retail sales lead
The year 2025 has marked a boom in new business initiatives. New business registrations increased significantly last year with 20,765 new entities, up from......
Last summer's fires - Over 345 million lek in compensation for 15 municipalities
At its last meeting, the Council of Ministers approved the compensation fund for municipalities whose territories were affected by fires during the summer of......
Works for the Tirana-Durrës-Rinas train/ Fund for expropriations increases, a step towards finalizing the works
The government has increased the expropriation fund for owners affected by the project for the construction of the Tirana - Durrës - Rinas railway, paving......
Ibrahimaj: The White Paper, a roadmap for strategies for Albania's economic development
The Minister of Economy and Innovation, Delina Ibrahimaj, participated in the presentation of the "White Paper", an event organized by the Foreign Investors......
Albania, second in the region for business environment/ Access to capital remains an area with potential for improvement
StartupBlink has published an index regarding innovation and the business environment for some of the countries of the world. According to this report,......
