As part of his participation in the 2025 Annual Meetings of the International Monetary Fund and the World Bank in Washington D.C., the Deputy Governor of the Central Bank of the Republic of Kosovo (CBK), Mr. Milot Cakaj, held a meeting with Mr. Philip Brown, Chief Executive Officer of Clearstream, which is part of the Deutsche Börse Group headquartered in Luxembourg. Clearstream is also a partner of Deutsche Bundesbank, one of CBK’s main partner banks for the management of reserves, liquidity, and investments.

During the meeting, the possibility of cooperation between the CBK and Clearstream in the field of international reserve management was discussed, including the provision of custody services, as well as access to advanced financial market products and services, such as securities lending and borrowing, in support of the domestic financial market.

Further development of this cooperation will enable the CBK to integrate modern technological solutions into its fund management processes, increasing operational efficiency through the use of financial instruments in international markets.

This meeting represents an additional step within the CBK’s activities to expand and diversify its strategic partnerships in the field of reserve management.

The CBK is committed to advancing its monetary and regulatory instruments in line with its objectives and strategic plan, ensuring the effective implementation of its mandate, which supports the strengthening of the financial sector and financial stability.

Governor Ismaili meets with IMF European Department Director, Mr. Alfred Kammer Governor Ismaili discussant at the IMF Forum on Regional Economic Outlook for Europe (REO)