Agreement I with IFC

In April 2014, the Agreement “On debt settlement in Albania” was signed between the Ministry of Justice and the IFC (International Financial Corporation). The agency was part of the World Bank project “For debt settlement and business exit in Albania”. During this project, IFC has assisted with consulting services for the drafting of legal and by-laws related to bankruptcy procedures and the organization and operation of the Agency, the training of the Agency’s staff as well as actors who have a concrete role in bankruptcy procedures such as judges, lawyers , bankruptcy administrators.