"Fast payment system, implementation starts within 2 years" - Sejko: Modernization, important in the fight against informality
The year 2024 has been a successful year in terms of the banking system and the economic growth of the country as a whole. Inflation has been kept below the Bank of Albania's target of 3%, lending has increased to an annual average of 17% and during the next year an economic growth of 3.5% to 4% is expected.
In a reception organized by the Bank of Albania, Governor Gent Sejko said that in the context of the fight against informality, the Bank has worked and will continue to work more for the modernization of the payment system.
According to him, it will take a maximum of 2 years for the fast payment system, a clone of the Bank of Italy's TIPS system, to be widely implemented in Albania.
The ceremony of awarding the "Governor's Award for the Best Diploma" to 3 Albanian students from our universities and those abroad was also held at the Bank of Albania.
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