Tirana Stock Exchange
Encyclopedia
The Tirana Stock Exchange is the principal stock exchange
in Albania
. It is located in the capital city, Tirana
. Its name is abbreviated as TSE. The general manager
of the stock exchange is Anila Fureraj.
, the Bank of Albania
, in 1996, concurrent with the establishment of the Albanian Securities Commission, with a full membership in the Euro-Asian Federation of Stock Exchanges (FEAS). The market functioned as a department of the central bank until it was spun off as an independent entity in 2002.
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
in Albania
Albania
Albania , officially known as the Republic of Albania , is a country in Southeastern Europe, in the Balkans region. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea...
. It is located in the capital city, Tirana
Tirana
Tirana is the capital and the largest city of Albania. Modern Tirana was founded as an Ottoman town in 1614 by Sulejman Bargjini, a local ruler from Mullet, although the area has been continuously inhabited since antiquity. Tirana became Albania's capital city in 1920 and has a population of over...
. Its name is abbreviated as TSE. The general manager
General manager
General manager is a descriptive term for certain executives in a business operation. It is also a formal title held by some business executives, most commonly in the hospitality industry.-Generic usage:...
of the stock exchange is Anila Fureraj.
History
The TSE began operations as a department of Albania's central bankCentral bank
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...
, the Bank of Albania
Bank of Albania
-Governors:* Ilir Hoti * Dylber Vrioni * Kristaq Luniku * Qamil Tusha * Prof. Dr. Shkëlqim Cani...
, in 1996, concurrent with the establishment of the Albanian Securities Commission, with a full membership in the Euro-Asian Federation of Stock Exchanges (FEAS). The market functioned as a department of the central bank until it was spun off as an independent entity in 2002.
See also
- Economy of AlbaniaEconomy of AlbaniaThe economy of Albania has undergone a transition from its communist past into an open-market economy in the early 1990s. Although the country is rich in natural resources, the economy is mainly bolstered by emigrant annual remittances, the informal economy, and the services and agricultural...
- List of stock exchanges
- List of European stock exchanges