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05-11-26
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Enterprises increase borrowing in first half of 2019

TIRANA, Oct 25 /ATA/ New borrowing, which means credit-taking in the last six months, is declared by 14.7% of small –sized enterprises, 17.5% of medium-sized enterprises and 8.9% of large-sized enterprises.

The share of new borrowers has resulted in an increase in the semiannual and annual terms for all three groups of enterprises.

The Bank of Albania notes that the main purpose of using new borrowing remains to “meet current expense requirements” (for 74% of total enterprises) and “make a long-term investment” (for 19% of total enterprises)

Compared to the last half, the share of enterprises that have received new loan to meet the current expenses has been on increase, meanwhile the share of those who have taken a new loan to make a long-term investment is on decrease, BoA reports.
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