Project Status Reports

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Project: Reducing Cash Transactions

Updated on: 25 February 2009

Current Status

The SPI Secretariat has delivered the Cost-Benefit questionnaires to the Banks, businesses and utility
companies in order to assess the costs and benefits of cash and non-cash payments

Achievements

• As a follow up to the invitation for collaboration addressed to Mr. Durim Kraja, Secretary
General Ministry of Economy, Trade and Energy, by Project Owner, Mr. Whittle, SPI Secretariat
organized a meeting to with the request for facilitating the communication with the
representatives of the Operator for the Transmission System, in order to have them involved in
the PWG work and their views reflected in project outputs.
• As a part of the cost-benefit analysis of the project, with EUT second year students’ great
support, SPI Secretariat managed to collect data from 47 shops and other retail companies on
their behavior in using cash and non-cash payments.

Contributions

 

Outputs


Project Terms of Reference
Scoping of the Problem Document
Revised Scoping of the Problem Document
Note on Research Companies’ Proposals for a National Scale study on Cash Volume Costs in Albania
Banks’ Cost-Benefit Questionnaire
Note on International Experience
Revised Note on International Experience
Revised Banks’ Cost-Benefit Questionnaire Draft on Various Means of Payment

Project: Reviewing the Capital Adequacy Regulation

Updated on: 25 February 2009

Current Status

The PWG members have concluded the cost-benefit analysis and will continue with the cost-benefit
questionnaire, after the PWG is completed with representatives from all 16 banks.

Achievements

During the second PWG meeting, SPI Secretariat re-introduced for the newly appointed PWG members the SPI Albania framework, procedures and methodologies that will be applicable also for the Capital Adequacy Project. The extended PWG approved the Terms of Reference; Note on International Experience ; Scoping of the Problem Document and Cost-Benefit Qualitative Analysis. In addition, Intesa San Paolo Bank made a presentation of their simplified technique for the capital requirements for credit risk under the standardized approach, as asked and instructed by their mother company. Furthermore, PWG requested Raiffeisen Bank to share their experience in Basel II implementation. SPI Secretariat in coordination with PMT will meet with Raiffeisen Bank Project Working Group Member to coordinate this experience-sharing.

Contributions

 

Outputs

Presentation of Intesa SanPaolo Bank on Credit Risk Methodology
Cost-Benefit Analysis
Scoping of the Problem Document
Note on International Experience
Presentation of SPI Albania and Introduction of Participants
Note on the International Experience
Scoping of the Problem Document
Cost and Benefit Analysis

 

Project: Improving Consumer Financial Education

Updated on: 25 February 2009

Current Status

Terms of Reference have been endorsed by the Project Management Team.

Achievements

• SPI Secretariat delivered a presentation on SPI Albania framework, procedures and methodologies in order to facilitate PWG’s members’ understanding on their specific roles and responsibilities.
• The PWG members validated the Terms of Reference and approved the Note on International Experience  nd Scoping of the Problem Document.
• Co-Project Manager representing Bank of Albania made a presentation on BoA activities for financial education in Albania.
• PWG members suggested to enlarge the PWG with members representing Ministry of Education, Insurers’ Association and other civil society actors involved in consumer protection and consumer education in general.

Outputs

Presentation of SPI Albania and Introduction of Participants
Draft Note on International Experience
Scoping of the Problem Document