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Rulebook for the Supervision of Savings & Credit Associations and their Unions
How does the Bank of Albania supervise Savings and Credit Associations in the country?
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10 pages
This document is the rulebook on the supervision of Savings and Credit Associations (SCAs) and their unions. It provides the articles of the regulation, passed by the supervisory council of the bank of Albania, on:
- Accounting;
- Loans and interest for loans;
- Calculation of provisions;
- Capital adequacy;
- Liquidity;
- Risk spreading;
- Reporting.
The final articles of the rulebook provide for internal regulation of the SCAs.
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