Bank loan contract and its execution Bank credit is an economic category, in the form of individual relationships born in reproducing the social product. It is the main activity of commercial banks that consists in a first phase in the collection of temporarily free assets of natural and legal persons (in this phase, the bank…
Areas of consumer protection The 2003 law aims to provide more excellent consumer protection by establishing individual state structures for its protection. The latter has recognized the right to appeal to consumer associations, the People’s Advocate, or in court when producers violate his rights. The development of the market economy, the signing of free trade…
Legal consumer protection and protection laws consumer protection has its roots in people’s daily lives. The concept of being a consumer finds its expression in antiquity, in the time of people living in caves. People exchanged goods for goods in order to satisfy their pleasures or to meet their food needs. In its origin, the…
The rights and obligations As with any other property insurance contract, its content consists of the rights and obligations of the parties, that is, the rights and obligations of the insured and the insurer, as well as the rights of the third party. Since the third party only has powers that are almost identical to…
Cases of tax evasion For the law to be effectively enforced, anyone who conducts business is required to pay taxes. Knowing what fees and taxes constitute the primary source of revenue in the state budget, we must be aware that the main contributors to the state budget are its citizens. If violations are found and…
How the establishment and functioning of administrative Albanian legislation found itself closer to the view defended by the third group. The ascertainment for each concrete case of the violated legal provision and the regulation of the legal consequences unjustly violated, returning the parties to the previous situation, determines the type and nature of the conflict…
The two basic functions of the administrative judiciary Among the important functions of the administrative judiciary, two are basic: the preventive function and the repressive function.Administrative courts protect, as a preventive measure, the rights of individuals. This type of protection ‘prevents the exceeding of the powers of the executive and administrative powers’ to the detriment…
Sensitive issues that arise and may arise In the administrative judiciary there are a number of ‘sensitive issues’ that have arisen or may arise. Those sensitive issues arise, both in terms of volume and in terms of control mode.A question related to ‘sensitive issues’ that requires a direct answer is: how is it possible, on…
Bank credit in the macroeconomic plan as it was seen from the treatment, loans and guarantees for investments are among the most important and profitable activities for the bank, but in the meantime they are also the most risky activities for them. This can be said especially for our country, which rightly expects economic recovery,…
Banking Secret One of the mandatory principles on which the banking activity is based is “Safeguarding banking secrecy”. The protection of banking secrecy is expressly provided by Article 91 of the Law “On the Bank of Albania”, as well as by Article 125 of the Law “On Banks in the Republic of Albania”.Banking secrecy is…