04/12/2020

On the International Banking Day, the Governor of the Central Bank of the Republic of Kosovo, Mr. Fehmi Mehmeti, praised the contribution of the banking sector in supporting economic development, innovation and continuous modernization of services.

Over the years, the banking sector of the Republic of Kosovo has developed at a rapid pace, in step with modern banking standards by continuously advancing financial services for the country's economy, maintaining financial stability and high public confidence.

The very important role of the banking sector for the country's economy was proven during this challenging year due to the pandemic, where the banking sector played a key role in mitigating the negative effects on the country's economy by providing facilities to borrowers to repay loans, as well as ensuring the continuity of credit flow towards the country's economy.

On December 19, 2019, the United Nations General Assembly adopted Resolution 74/245, which designated December 4 as International Banking Day, recognizing the significant potential of banks in developing sustainable financing and providing know-how. and also in recognizing the vital role of the banking systems in the Member States in contributing to the improvement of the standard of living.