i am honored to be with you today, to inaugurate the opening of the new raiffeisen bank head office. your investment in this facility is a clear indicator of your commitment to continue operating successfully in kosovo's banking and non - banking systems, in the future as well. raiffeisen bank has played a very important role in creating a safe and sound financial system that has contributed to kosovo's economic growth. we are very honored with your presence and the success you have shown so far and we hope you will continue with this success in the future. raiffeisen bank has greatly contributed to the development of fair competition, continuous improvement of products and development of new products, by increasing access to finance, contributing to the development of trade relations with other countries, helping to attract more foreign investors and, as well, in improving the reputation of kosovo in general. we are thankful for this. raiffeisen bank has also helped in the development of human capital, and continues to use the potential of our youth. among other things, raiffeisen bank remains an example of a good employer, for which, we are all proud of. the cbk as a financial system supervisor will continue to work on maintaining a safe and sound financial system and will continuously improve the economic environment, in which the financial industry operates. the financial sector is a sector with great dynamic development and rapid changes in the economic environment that surrounds it. the financial systems of different countries are constantly integrating and this requires increased cooperation between these countries. the cbk remains committed to cooperating, with the aim of overcoming challenges in the future and integrating kosovo's financial system into the systems of developed economies. banks in kosovo, as in all other countries, have a special status in the economy. this status is associated with different regulatory requirements and greater requirements for social responsibility, and i am pleased to say that banks in kosovo successfully meet these requirements. today in kosovo our savings are safe and advancements in technology allow us to access them faster. banks are an example of success in kosovo, so i urge them to promote their success even further, in order to attract and increase foreign investments in other sectors as well. this would affect the economic development that is most needed for financial stability, as well as the further advancement of the banking sector in which raiffeisen bank plays a very important role. at the end, i would like to thank you for your contribution to the economic development of kosovo and wish you success in the future

services. at the same time, a developed payment system ensures the protection of the integrity of the financial system and the euro currency, the reduction of negative effects from the phenomenon of money counterfeiting, consumer protection and the advancement of market practices, reduction of the effects of money laundering activities and terrorism financing, increased access to financial services and financial inclusion. in line with the stabilization - association agreement and the berlin process, the reform process and the advancement of the payment system through the development of local instant payments and the integration of the payment system at the regional level will also accelerate access to the single euro payment area of the european union known as sepa. this is tasked with effectively bringing domestic and cross - border payments within the eu to the same level of cost, time efficiency and security as well as access to the eu's instant payment system known as tips which is part of of the eurosystem since 2018. this enables payment service providers to offer funds transfers to their customers in real time and around the clock, every day of the year, where individuals and businesses can transfer money between each other within seconds, regardless of their local bank's business hours. even the latest regulation for cash operations marks a very big advance in terms of alignment with the requirements and standards for membership in sepa, as well as tips. therefore, the cbk has started taking actions within the strategic plan 2024 - 2028 for the activities that are planned and related to the field of the payment system, which are as follows : advancing the legal and technical infrastructure of the cbk for membership in the sepa payments scheme and access to the eu instant payments system ( tips ) ; developing the technical infrastructure for enabling instant payments 24 / 7, creating the national qr code and the standardization of the api for the interconnection of systems ; reducing cash payments and promoting electronic payments ; while for two of the following activities we already have developments, such as : creating opportunities for access to the payment system of non - bank service providers, as well as enabling the possession of iban, to increase access to finance, within the " payment account " concept, where we have approved the regulation, 2 / 4 bis - central bankers'speeches also today, we are carrying out the foreseen activity : empowering the national payments council as an advisory body for joint actions regarding the digitization and standardization of payment systems and instruments ; the advancement of the payment system presents significant challenges both from the perspective of the cbk and