Workshop on raising awareness of second-tier bank representatives with a focus on out-of-court proceedings
On February 24, 2022, the Albanian Association of Banks (AAB), cooperated with the International Finance Corporation (IFC) in organizing a virtual workshop for the banking sector to raise awareness of second-tier bank representatives regarding out-of-court practice procedures.
The event aimed at raising the awareness of commercial banks in Albania for the expedited reorganization procedure, according to the bylaw on the out-of-court restructuring agreement approved for the legal framework of the Bankruptcy Law and the presentation of the Guide “On out-of-court practice and procedures” drafted in the ambit of the Project. 23 bank representatives attended the workshop.