Government approves Second Sovereign Guarantee / 15 billion ALL available to businesses to meet the needs caused by the crisis
As Prime Minister Rama had warned, the Council of Ministers has approved the decision for the second sovereign guarantee in the amount of 15 billion ALL that will be put into use by commercial banks.
The Prime Minister also approved the establishment of a special inter-institutional structure, which will monitor, review and report periodically to the Minister of Finance and Economy on the progress of the state guarantee, and will address issues on the progress and unification of the implementation of the provisions of this agreement.
Below is the list of banks to which the funds will be transferred:
-Raiffeisen Bank sh.a. Albania, up to the amount of ALL 2,600,000,000;
-Banka Tirana sh.a. up to the amount of ALL 850,000,000;
-Banka Union sh.a. up to the amount of ALL 800,000,000;
-Banka Intesa Sanpaolo Albania sh.a. up to the amount of ALL 1,200,000,000;
-National Commercial Bank sh.a. up to the amount of 2 550 000 000 ALL;
-Banka OTP Albania sh.a. up to the amount of 1 450 000 000 ALL;
-Banka Procredit sh.a. up to the amount of ALL 600,000,000;
-Banka Alpha Albania sh.a. up to the amount of ALL 950,000,000;
-American Investment Bank sh.a. up to the amount of ALL 650,000,000;
-Banka Credins sh.a. up to the amount of ALL 2,800,000,000;
-The United Bank of Albania sh.a. up to the amount of ALL 150,000,000;
-First Investment Bank, Albania sh.a. up to the value of ALL 400,000,000.
SCAN
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