World Bank meetings: National Bank strengthens capacities to maintain financial stability

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The World Bank positively evaluates the policies of the National Bank aimed at maintaining financial stability. In this regard, the current technical assistance from the World Bank was also discussed at the meeting, which will further strengthen the capacities of the country and the central bank in several areas related to the banking system through several projects. They relate to the improvement of the macroprudential framework, the strengthening of capacities for crisis management, for climate change management, as well as the finalization of the legal framework for the bank resolution.
“Furthermore, in the sphere of the payment system, efforts will be supported to prepare study on digital denar. The projects were discussed during the meeting between the National Bank governor Anita Angelovska-Bezhoska and the vice-governor Fadil Bajrami, World Bank senior officials, WB Regional Vice President Antonella Bassani and WB Executive Director representing the constituency, Koen Davidse as part of 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington,” the National Bank said in a press release.

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