Global Trade Alert
Global Trade Alert

Albania: Requirement for Greek banks to form independent subsidiaries

Announcement

29 Feb 2012

In February 2012, the government of Albania announced a change in its trade finance instruments.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

29 Feb 2012

Revocation date:

No revocation date

Trade finance In force

On 29 February 2012, the government of Albania with the intention of protecting local/national depositors from a potential default of Greek banks, decided that branches of Greek banks operating in Alb...

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