Non-bank financial markets in Albania recorded steady growth during 2025, while reforms to align the sector with European Union standards have entered an advanced phase of implementation.

While reporting to the Committee on Economy, Finance, and Employment on the annual activity of the Financial Supervisory Authority (AMF), Chairperson Adela Xhemali announced that the total value of market assets under the institution's supervision reached around Lek 149 billion at the end of 2025, marking an annual growth of 13%.

According to her, the development of non-bank financial markets has been accompanied by strengthening risk-based supervision, increasing transparency, and improving consumer protection, with the aim of guaranteeing the stability and reliability of the sector.

One of the most important developments during 2025 has been the continuation of the transition process towards the Solvency II regime, which will change the way the insurance market is supervised, orienting it towards a model based on risk, capital, and internal governance, in line with European practices.

Xhemali announced that the first phase of the quantitative impact assessment of this process was concluded during the year, while during the first months of 2026, training and meetings were held with the industry to accelerate preparations for the full implementation of the reform.