Analysis of the Privatization Process in Albania and the Impact that Brings the Strengthening of the Banking System

Naser Bilalli, Alba Robert Dumi

Abstract


Financial activity in Albania as well as in other countries of Eastern Europe during the past few years has seen a significant developments and important. One of the main features observed is that financial activity in Albania is dominated by banking activity, while non-banking activity remains extremely limited. The investment funds in Albania According to specification in the Albanian legislation "Investment Fund" could be any private entity, that are accumulating financial resources of natural or legal persons (Bonus letters, Vouchers, cash); · Broadcasts only its shares in exchange for them; · Invests, reinvests, owns or trades bonus letters. An investment fund established and organized as a joint stock company in accordance with legislation. It is a society with a large number of owners and that only at the beginning is engaged in collecting vouchers and use them to buy shares of companies that will be privatized.

DOI: 10.5901/mjss.2016.v7n2s1p365


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This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

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