Albania stock market

Albania stock market

Author: Andrey Kaz Date: 28.06.2017

Tirana Stock Exchange was the first stock market in Albania, opened on May 2, in the form of a Bank of Albania Department as integral part of it.

How The Stock Exchange Works (For Dummies)

Its opening by Bank of Albania was not casual. Like all countries of Central and Eastern Europe on a similar past with Albania, the State was the promoter and the main supports of establishing stock markets.

albania stock market

However, in Albania it was followed a different model from these countries experience, as Tirana stock Exchange was determined to establish under the Central Bank rule and this was for the following reasons:. Being aware that the mid-term activity for this Stock Exchange will not be the transaction of equity securities, the Government in collaboration with the Bank of Albania and the Securities Commission decided to organize the primary and the secondary auction of T-bills attached to Tirana Stock Exchange.

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About us Core Functions Brief history of Bank of Albania Organisation Chart The Governor BoA Supervisory Council Bank of Albania's buildings Conferences International Relations Job Opportunities Links. BANK OF ALBANIA Public Relations Department Tirana Stock Exchange Recovery Publication Date However, in Albania it was followed a different model from these countries experience, as Tirana stock Exchange was determined to establish under the Central Bank rule and this was for the following reasons: The lack of a previous tradition with this respect; The limited range of financial instruments; A weaker private sector than other comparable Central and Eastern European countries, the deficiency of equity securities and entitlements from the private sector; The lacking incipience for the privatization of the large strategic enterprises; Few opportunities for the assurance of economic efficiency of this new institution within a short-term; The deficiency of experts and respective adequate experience outside the financial institutions of state Bank of Albania - in our case.

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albania stock market
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