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Bank of Albania reacts after damage to several bank branches by protesters: Citizens' savings are safe
2026-10-19 14:16:00 / EKONOMI&SOCIALE
The Bank of Albania has reacted to the protests that have been taking place for seven days in the capital, expressing concern about the incidents recorded against several bank branches and ATMs.
In its response, it states that the central banking institution assures citizens that their deposits and savings are safe, while emphasizing that physical damage to some branches does not affect the financial stability of the banks.
According to the Bank of Albania, the payment service has continued to function normally and without interruption, guaranteeing the continuity of transactions and meeting the needs of citizens and businesses.
Full announcement:
Recent developments and functioning of the banking system
The Bank of Albania is following with attention and concern the developments of recent days in the country, especially the incidents against several bank branches and ATMs, which have caused material damage and temporary restrictions on banking services. In these circumstances, the safety of citizens, clients and employees of financial institutions remains a priority.
The Bank of Albania assures the public that the payment service has continued to function normally and without interruption, guaranteeing the fulfillment of the banking system's role as a necessity for the economic activity of businesses and the consumption needs of families.
The Bank of Albania emphasizes that citizens' deposits and savings in the banking system are safe. Damage to part of the physical infrastructure in some bank branches does not affect the safety of customer deposits nor the financial stability of banks. Citizens should be reassured that their savings are protected and are not at risk from physical damage to the premises.
In exercising its legal responsibilities, the Bank of Albania is in constant communication with commercial banks and relevant institutions, closely monitoring the situation and the measures taken to maintain the safety of employees, customers and banking infrastructure.
The temporary restrictions on services in certain branches are related to the need to protect the physical safety of employees and customers. The Bank of Albania invites citizens and businesses to follow the official announcements of the respective banks and to use alternative banking service channels as much as possible.
The banking system is a pillar of fundamental importance for the economy and the lives of citizens. Behind every bank branch, every payment or transaction are families who manage their savings, citizens who receive salaries and pensions, businesses that pay their employees and continue their activities, as well as enterprises that invest and create jobs. The normal functioning of banks is directly linked to the well-being of citizens, the continuity of economic activity and confidence in the future.
The Bank of Albania, as an independent institution serving the public interest, fulfills essential functions for maintaining price stability, financial stability and payment services.
In obligation to this mission, the Bank of Albania calls on all citizens, in exercising their right to peaceful protest, to respect and protect the security of the Bank of Albania, banking institutions, their premises, infrastructure and employees. Preserving these institutions means preserving the services and functions that belong to and serve everyone.
The Bank of Albania remains fully committed to fulfilling its mandate to maintain financial stability and the safe and sound functioning of the banking system. It will continue to responsibly monitor developments and cooperate with relevant institutions to support the continuity of banking services and maintain public confidence in the financial system.
Citizens' trust and security are the foundation of a stable banking system. Maintaining this trust and the institutions that serve the public is in the common interest of all of society.
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