Weltkarte

Albania

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Country Risk Category

Short-term Business

There are no formal restrictions on cover.


Medium/long-term Business

Cover facilities are available for smaller transactions on a case-by-case basis. A restrictive approach is adopted to cover of transactions with public buyers. In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.


Collateral

If the foreign buyer’s creditworthiness is inadequate, bank security has to be provided.

The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.


Further Information

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).

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