The AAB Chairman, Mr. Silvio Pedrazzi in the meeting on “Bank – Business relationships: Common economic challenges in face of global Covid-19 pandemic”

15/05/2020

On May 13, 2020, the Bank of Albania, in its premises, organized a discussion meeting on “Business-Bank Relations: Common economic challenges in the conditions of global pandemic Covid-19”.

The meeting aimed at encouraging the collaboration between banking system and business community to counter the common economic challenges caused by the Covid-19 pandemic, and providing a platform to share views on the common economic challenges caused by the Covid-19 pandemic, and providing a platform to share views and needs on the instruments to be employed and the further measures to be taken. The meeting was attended by executives of the banking system, the representatives of the Albanian Association of Banks, the Union of Chambers of Commerce and Industry of Albania, the National Chamber of Crafts, the American Chamber of Commerce in Albania, Chamber of Commerce and Industry France -Albania, Trade Union of Albania, the Albanian Agribusiness Council, Albanian Constructors Association, the Albanian Tourism Association, the Albanian Association of hydrocarbons, as well as the Albanian Food Industry.

In his speech held at this meeting, the Chairman of the Albanian Association of Banks, Mr. Silvio Pedrazzi emphasized the responsibility, professionalism and commitment of the banking sector in this extraordinary situation, ensuring the full range of financial services in response to the needs of the community. In this context, Mr. Pedrazzi praised the measures taken by the Bank of Albania and the public authorities and called for more legislative support.

He highlighted some of the challenges facing the banking sector in the new reality, to support borrowers in need without compromising lending criteria and maintaining the soundness of the balance sheets

On the other hand, Mr. Pedrazzi praised the important support that the Bank of Albania gives to commercial banks and underlined the banks’ readiness to continue cooperating with groups of interest to meet the common economic challenges created.

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