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…
Banking system activity Albanian legislation does not have a clear theoretical definition regarding the banking system, but even in the literature there is a confusion regarding the inclusion in the notion of “banking system”, which is due to the fact that there is a variety of financial intermediaries who provide few services. a lot of…