Banks participated in the activity “Lending to and funding the Albanian agriculture sector”
The General Directors of banks attended the activity “Albanian Agriculture Lending and Financing”, organized by the Ministry of Agriculture and Rural Development on January 26, 2022, with the presence of the Prime Minister of Albania, Mr. Edi Rama, Minister of Finance and Economy, Mrs. Delina Ibrahimaj, and Governor of the Bank of Albania, Mr. Genti Sejko. This meeting focused on encouraging discussions about lending to Albania’s agriculture sector and launching the Albanian Government’s initiative on the Agribusiness Support Facility.
The AAB Chairman, Mr. Bledar Shella spoke on behalf of the Albanian Banking Association (AAB), citing some factors having hampered the growth of agriculture lending. He stressed the need for better banking industry cooperation with state institutions to find mechanisms for lowering risk and facilitating agriculture lending. Supporting the government’s guarantee scheme with ALL 1 billion for agriculture, Mr. Shella emphasized the attention paid by the banks to the agriculture sector.
