European Commission: ALSE an important progress in Albania’s financial framework

The licensing of the first private Albanian securities exchange ALSE is a significant step forward in meeting the financial and economic criteria of Albania in the European integration process.

The European Commission says that in evaluating the progress of the country towards the European Union, this very important step is to be emphasized.

“Progress has been made towards financial market infrastructure with the licensing of the first private Albanian securities exchange, which started work in February 2018. While state-owned stock exchange meanwhile is still closed,” emphasizes EC in its report.

Expert have considered the licensing of the first Albanian private securities exchange as a very important step forward as Albania has been the only regional country without an active stock exchange so far.

Its presence will significantly diversify the investment portfolio of Albanians and in the future will come to the aid of various companies to raise capital.

Among other things, the Albanian Securities Exchange (ALSE) licensing is a step that in the general institutional framework approaches Albania even more with the European Union.

SCAN

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