Has the central bank noticed increased public concern for their deposits held in banks?
The Bank of Albania has seen and well-understood the increasing interest of the public for the stability of banking institutions they keep their savings in. We have been open and transparent to the public and have provided clear explanations on the real situation the Albanian banking system is in. Our public statements on the banking system stability have been rational and welcomed by the media and the public at large. Along with the mitigated global financial crisis, they have helped to preserve public confidence in Albanian banks. I suggest to the public at large to be calm, judicious and rational in the way they manage their savings and investment portfolio. Any type of savings or investment outside banks and other formal channels and in cash bears considerable moral, financial and physical risk. My appeal is simple and straightforward: consult your bank for any actions you take. The banking system remains your best consultant. Prior to making a financial transaction of any kind, ha
