WASHINGTON, D.C., April 16, 2026 - The World Bank Group's Reserve Advisory and Management Partnership (RAMP) program and the Central Bank of the Republic of Kosovo (CBK) signed a new membership agreement today, marking the next phase in their partnership.
CBK was the first institution to join RAMP through the Trust Fund for Public Asset Management in 2023. Today, it becomes the first institution to transition from trust fund-supported to an asset-mandate-supported membership, reflecting the significant institutional capacity it has developed across reserve management, governance, investment practices, and risk management.
This milestone demonstrates the long-term value of sustained capacity building and peer learning, while also highlighting the role of the RAMP Trust Fund for Public Asset Management in helping institutions build the capabilities needed to sustain and deepen their reserve management practices.
Representatives attended a signing ceremony during the World Bank Group and IMF Spring Meetings in Washington, DC.
"CBK's transition to an engagement with an asset mandate is an important milestone that reflects the institution's strong progress and commitment to further strengthening its reserve management framework," said Jorge Familiar, Vice President and Treasurer, World Bank Group. "This evolution in the partnership demonstrates how sustained investment in institutional capacity can support central banks in taking on increasingly advanced reserve management practices."
"The Central Bank of the Republic of Kosovo highly values its partnership with the World Bank Group Treasury and the RAMP program," said Governor Ismaili, Governor, Central Bank of Kosovo. "The support and expertise provided through this collaboration have contributed meaningfully to strengthening our institutional capacities, enhancing reserve management practices, and preparing the CBK for this next phase of engagement."
Through its participation in RAMP, the CBK has strengthened its reserve management framework and advanced toward active portfolio management. Beginning this year, a portion of the CBK's reserves will be managed by RAMP as part of the new engagement.
The World Bank Group, Treasury, Partnerships & Advisory
The World Bank Group Treasury Partnerships & Advisory Department manages engagements with external public-sector asset management clients, including RAMP members. As the trusted partner to public asset managers worldwide, the Department designs and delivers capacity-building, advisory, and asset-management services tailored to the needs of central banks, international financial institutions, sovereign wealth funds, public pension funds, public insurance corporations, and other public institutions.
The World Bank Group RAMP
The World Bank Group Reserve Advisory & Management Partnership (RAMP) delivers advisory services, executive training, and asset management solutions through a global network of public asset managers. Established in 2001, RAMP promotes countries' stability, resiliency, and prosperity through sound public asset management-supporting central banks, international financial institutions, sovereign wealth funds, and public pension funds. For 25 years, RAMP has advised over 100 public institutions and trained more than 15,000 public asset management professionals worldwide. Learn more at ramp.worldbank.org.
