LATEST NEWS:

Rama announces the creation of the Albanian Development Bank: New financing line for small and medium-sized enterprises

Rama announces the creation of the Albanian Development Bank: New financing line for small and medium-sized enterprises

Albanian Prime Minister Edi Rama has stated that today they held a Government meeting to discuss two important developments.

Rama made the comments through a video published on his Facebook page, where he said that the draft law for the creation of the Albanian Development Bank will be finalized.

He also said that the second development is that the Bank of Albania has just approved a new financing line for small and medium-sized enterprises, with a main focus on agriculture, writes A2 CNN.


Rama added that the financing will be 250 million euros and, according to him, this is the largest volume ever put into support with soft loans, for agro-processing, greenhouses, agrotourism, etc.

"We have just finished a meeting on two development issues. The first is the finalization of the draft law on the Albanian Development Bank. Thanks to the cooperation with a prestigious Italian financial institution, we are ready to add this development engine to Albania at this new stage of the country."

The project is convincing and will soon be put up for public discussion. The bank will be managed by a super Albanian-Italian team. It will guarantee its independent and professional 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 that the Government should support this financing line with a sovereign guarantee. This is the largest volume ever put into support with soft loans, for agro-processing, greenhouses, agro-tourism, and so on," Rama said, writes A2 CNN.

Trending News

More
Grenell congratulated Kosovo on independence and called Thaçi "the founding father", but was insulted by Serbs on social media

Congratulations on Kosovo's independence and calling Thaçi "the founding father", Grenell is offended by Serbs on the social network "X"

NEWS
"Pandora's box was opened"

"Pandora's box opened", expert: Albania and Kosovo should arm themselves

NEWS
Photo of Adem Demaçi with Albin Kurti during the war is published

Photo of Adem Demaçi with Albin Kurti during the war is published

NEWS
Serious accident in Klina: Nine injured, including two children

Serious accident in Klina: Nine injured, including two children

The Black Chronicle
Djuric goes to Russia to complain on Kosovo's independence anniversary

Djuric goes to Russia to complain on Kosovo's independence anniversary

NEWS
KSF members mark Independence Day in the United Kingdom, ready to train Ukrainian soldiers

KSF members mark Independence Day in the United Kingdom, ready to train Ukrainian soldiers

NEWS
Go to category