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Banking Laws in Albania

Composition of the Board of Directors

The composition of the Board of Directors in Albania’s banking laws is outlined in various articles. However, one specific requirement is mentioned regarding the minimum and maximum number of members.

Minimum and Maximum Number of Members

According to Article 19 of the document:

• The Board of Directors must have at least three members.
• The Board of Directors may not exceed nine members.

This means that the composition of the Board of Directors in Albania’s banking laws is flexible, allowing for a minimum of three and a maximum of nine members.