In 1992, in our country, were approved the necessary legal regulations for the change of banking system and its adaptation according to the conditions of capitalist economy of trade. In accordance with these changes, on December 16th, 1992, was established the Common Italian-Albanian Bank, which continues its successful activity even today.
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12 July 1444, Sultan Receives fealty of Brankovic of Serbia to Have Free Hands to Attack Skanderbeg
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12 July 1577, the people of Himara ask for the Pope’s help to rebuild the shrines and to arm themselves against the Ottomans
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12 July 1822, Grigor IV, or Dhimiter Gjika went to Wallachia’s throne to rule for 6 years
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12 July 1874, was born cleric of Erudite Father Shtjefen Gjecovi, a whole mourned life for homeland and religion
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12 July 1912, was born in Boboshtica academician Sotir Kuneshka