On September 30th, 2019, it was organized a workshop from Albanian Financial Supervisory Authority in collaboration with ALSE, Association of Securities Trading in Albania, and in the presence of the representatives from Chamber of Commerce and Industry of Tirana in the framework of “World Investor Week 2019”.
Mr. Ervin Koci, Executive Director of Albanian Supervisory Authority, said that the use of the stock market form businesses is very beneficial as an opportunity to ensure financing and to diversify their liquid assets structure. Moreover, Mr. Nikolin Jaka Head of chamber of Commerce and Industry of Tirana expressed the importance of capital instruments and stock exchange in the further development of Albanian business.
Additionally, the operators of Capital Markets present in this workshop familiarized the participants with the advantages of the development of Capital Markets and Stock Exchange. Mr. Blodin Cuci, President of Association of Securities Trading in Albanian (ASTA), presented in technical terms the benefits that business gets by investing in debt securities (private and government ones) and introduced the participants with some important concepts in the investment field such as the Cash Management.
On the other hand, Mr. Artan Gjergji, the Chief Officer of Albanian Securities Exchange, explained the importance of the stock exchange and the benefits that business have by listing in it. According to Mr. Gjergji, the stock exchange offers to businesses liquidity and also ensures to them funds cheaper than the traditional financing methods.
During the end of this workshop, Mr. Naim Hasa, Head of Association of Life Insurers, Pensions and Investment Funds, made a presentation about the development of the pension and investment fund market in Albania. Mr. Hasa expressed that it is very important that individuals should have a wider knowledge about these investment schemes since they have a lot of long term financial benefits.