| Financier | Commitments |
|---|---|
| Free-standing Single Purpose Trust Fund | 2.06 |
Albania FSA - SECO Trust Fund for Strengthening Supervisory Capacities
Development Objective
<p>The development objective of the project is to support AFSA in strengthening its capacities to regulate and supervise the Investment Funds sector and the issuance of Corporate & Municipal Bonds.</p>
Key Details
Project Details
P153211
Closed
Johanna Jaeger , Keler Gjika
Albania
January 21, 2015
(as of board presentation)
January 21, 2015
November 11, 2015
US$ 2.06 million
Albania Financial Supervisory Authority
2015
US$ 2.06 million
N/A
Not Applicable
March 31, 2019
BANK APPROVED
June 17, 2020
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 2.06 |
| Total Project Cost** | 2.06 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2018-08-02 |
| Overall | Moderable | 2018-08-02 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2018-08-02 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-07-2019 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
AFSA is better able to support development of the corporate & municipal bonds market through improved regulatory framework. Value No Yes Yes Date June 16, 2016 March 31, 2019 March 31, 2019 Comment Professional and human resources of AFSA to supervise capital market activities are strengthened through on-site and off-site capacity building activities. Value No AFSA capacities strengthened AFSA capacities strengthened Date June 16, 2016 March 31, 2019 March 31, 2019 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
AFSA is equipped with a comprehensive supervision methodology and practices for investment funds as well as related operational manuals and tools. Value No Yes Yes Date June 16, 2016 March 31, 2019 March 31, 2019 Comment