TIRANA STOCK EXCHANGE RECEIVES UNLIMITED LICENSE

The Albanian Financial Authority, on its meeting Dt. 07.13.2007, granted Tirana Stock Exchange with infinite validity license. This was done after TSE fulfilled successfully the preliminary criteria/conditions imposed by the Authority to obtain an infinite license. The license empowers TSE To operate as a securities market for the trading of Government / Corporate Debt Securities and Capital securities with no time restriction. This was a big event for TSE, since for the first time in its history TSE acts as an organized securities market on an unlimited time- base, after several periodical – limited licenses since 2002.