Domestic postal service company Albanian Post has renewed its plans, first announced in 2007, to establish an Albanian Post Bank. The new lender will be set up by the end of 2010, company director Arqile Gorea said. Post Bank will offer the full range of services typically provided by local commercial banks. However, the main advantage of the new institution will be the full coverage of countrys territory, which existing banks cover only at 50% at present, Gorea added. Albanian Post currently offers a number of postal financial services including domestic and international money orders, as well as payments of pension and social security benefits, utility bills and taxes. The postal offices provide money transfer services through Eurogiro. |
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Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more
The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more
The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more