Albania's Ibrahimi: euro liquidity crucial

It is important that a reasonable flow of euros from banking groups' headquarters to their foreign subsidiaries is maintained, said Fatos Ibrahimi, the first deputy governor of the Bank of Albania.

Ibrahimi said that the flow of euros was important both for liquidity and lending support. He also said that international banking groups should gradually steer the lending portfolio of their foreign subsidiaries toward local currency of the host countries.

He made the comments on 27 March.

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