DREAM / The Prime Minister resigns and wakes up under the Parisian bridge!

 Kliko këtu për të tjera
Voxpress:

Another government agency, now the Agency for the Management of Guarantees and Irrevocable Loans

2023-12-14 13:39:56Biznes SHKRUAR NGA REDAKSIA VOX

Another government agency, now the Agency for the Management of Guarantees and

The Council of Ministers recently approved the decision to establish the Agency for the Management of Guarantees and Bad Credits.

According to the government's decision, the Agency for the Management of Guarantees and Irrevocable Credits (hereinafter, the Agency) is a public, budgetary legal entity, subordinate to the minister responsible for finance, with headquarters in Tirana.

The agency is financed from the state budget. The Agency's budget is a separate item in the budget of the ministry responsible for finance.

The agency's mission is to ensure the management of special loan guarantee schemes, as well as the handling of loans transferred from second-level commercial banks with fully state-owned capital after their privatization, in accordance with the rules defined in law no. 55 /2023, "On the management of guarantees and unreturned state loans".

According to the decision, the agency is responsible for the organization of work for the management of special schemes of state loan guarantees, for the return of guarantees, loans and sub-loans, for the treatment of loans transferred from second-level commercial banks with fully state capital after the privatization of them, the handling of the portfolio of investments made in housing by the company "INSIG", sh.a., before its privatization.

The agency extends its activity throughout the territory of the Republic of Albania. The agency is organized at the central level.

In order to fulfill its mission, functions and functional responsibilities, the Agency collects the obligations of borrowers vis-à-vis the ministry responsible for finance for the obligations that arose as a result of the payment of guarantees by the ministry responsible for finance and as a result of the lending and sub-lending relationship of funds; verifies and confirms the fulfillment of the requirements of the guarantee agreements in the types of banking contracts; administers information and documentation of special guarantee schemes; monitors the repayment of borrowers' obligations to the ministry responsible for finance for payments made by the latter, within the framework of guarantee agreements; carries out the supervision of the financial conditions of all borrowers who have received guarantees from the schemes it manages and asks the borrowers for the necessary information to carry out this supervision.

The Agency is headed by the Director General, who organizes all its activities and answers to the minister responsible for finance. The General Director represents the Agency in relations with third parties. He is appointed by order of the Prime Minister, with the proposal of the minister responsible for finance, according to the provisions of law no. 55/2023, "On the management of guarantees and unreturned state loans".

The structure and organization of the Agency is approved by order of the Prime Minister, according to the provisions of the legislation in force for the organization and operation of the state administration.

The working relations of the General Director, the officials and the administrative employees of the Agency are regulated according to the provisions in force of the Labor Code.

The regulation on the internal work methods and behavior of the Agency's personnel is approved by the minister responsible for finance, with the proposal of the Agency's General Director.

 


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×