Albania cooperation with Italian bank - Rama: 250 million euros in financing for agriculture
Prime Minister Edi Rama has declared that Albania has reached cooperation with the Italian bank, Cassa Depositi e Prestiti.
He stated that now, for the first time in these figures, $250 million will serve small and medium-sized enterprises in agriculture.
"We have just finished a meeting on two development issues, the first being the finalization of the draft law on the Albanian Development Bank, thanks to the collaboration with the prestigious Italian Cassa Depositi e Prestiti, a financial institution. We are ready to add this development engine to Albania at this new stage of the country."
The project is absolutely convincing and will be put to public consultation. The bank will be managed by an Albanian-Italian super team and will be closely assisted by partners from Cassa Depositi e Prestiti, to guarantee its independent and successful governance.
"Second, the Bank of Albania has just approved a new financing line for small and medium-sized enterprises, with a main focus on agriculture, 250 million euros. We have discussed supporting this financing line with sovereign guarantees from the government. This is the largest volume ever supported with soft loans," Rama declared.
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