In the framework of the 10th anniversary of its establishment, the Albanian Development Guarantee Foundation (ADGF) celebrated a decade of successful cooperation with partner financial institutions, which have been an essential part of this journey and a connecting bridge between ADGF and micro, small and medium-sized businesses, enabling them to access finance, allowing them to grow, become stronger and more competitive.
Since its establishment in 2015, ADGF has built a wide network of partnerships with banks and major microcredit institutions in Albania, turning the loan guarantee into an important instrument for supporting micro, small and medium-sized businesses, promoting lending and financial inclusion in all sectors of the economy.
In recognition of the contribution and cooperation over the years, during the 10th anniversary event, several symbolic awards were awarded by the Executive Director of ADGF, Ms. Gertjana Drita, on the financial institutions that have distinguished themselves in different periods of cooperation with ADGF:
NOA – “10 Years of Successful Partnership”
For the continuous cooperation since the beginning of ADGF and the sustained support in realizing the mission of the foundation.
Ms. Herjola Spahiu, Executive Director of NOA, while accepting the award, expressed gratitude for the close and sustained cooperation over the years with ADGF, as well as for exploring new opportunities for further cooperation.
FED Invest – “10 Years of Successful Partnership”
For the sustainable partnership and for the continuous contribution to the development of small and agricultural businesses and the support of entrepreneurship in rural areas.
Ms. Liljana Nanaj, Director of Operations, accepted the award and emphasized the importance of this cooperation as a true model of development and mutual trust.
OTP Bank – “Covid Window Champion”
For the successful cooperation during the Covid-19 guarantee program, enabling financing for businesses affected by the pandemic and preserving jobs.
The award was presented on stage by Ms. Roxana Hidan, Director of the Retail Division and Board Member of OTP Bank Albania, who praised the partnership with ADGF as a concrete example of support for the economy in challenging times.
ProCredit Bank – “Rising Star Partner Award”
For his outstanding contribution as a new partner of ADGF and with the increased growth and high performance in the implementation of guarantee programs.
Mr. Mirsad Haliti, General Manager of ProCredit Bank Albania, accepted the award and thanked ADGF for the trust and for the opportunity to be part of a partnership with real impact in the Albanian market.
Union Bank – “Excellence in Development Finance”
For the continued commitment to development financing and for supporting small businesses, those in agriculture, new businesses and investments in energy saving and renewable energy projects, supporting the country’s economic development.
Ms. Flutura Veipi, while accepting the award, expressed gratitude for the fruitful cooperation and for the contribution that ADGF has made in promoting sustainable development
On this important anniversary, ADGF appreciated all financial partners for the cooperation and trust shown during these ten years, emphasizing that the success of the foundation is built on partnership and mutual support.
Thanks to the joint commitment and support of the European Union, the German Government through KfW and the Albanian Government, ADGF has managed to guarantee wider access to financing for thousands of businesses, contributing to building a stronger, more inclusive and more sustainable Albanian economy.
