TIRANA, April 26 /ATA/- Non-performing loans to households plunged to 7.6% at the end of 2017, marking a drop of five percent in comparison to the previous year.
Bank of Albania unveiled on Thursday the Financial Stability Report which points out that households are a healthy segment in lending.
According to BoA, non-performing loans to businesses stand at the margins of 17%.
Recovery of non-performing loan level is also attributed to the write-off of lost loans as well as restructuring of credits in reduction of NPL ratio.
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