TIRANA, February 10 /ATA/-The non-performing loans got reduced by 2.7% in 2019 hitting 8.4% last year, the lowest level in the last decade.
The Bank of Albania appreciated that the reduction of non-performing loans is linked with improvement of the economic activity, but it also reflects the commitment of the banks in fulfillment of the plan of measures to reduce the non-performing loans.
According to statistics of the Bank of Albania, the loans that the businesses and individuals didn’t return to the bank for more than three months fell into 8.4% of the total in December 2019, as compared with 11.1% the amount of loans was at the end of 2018.
The experts say that non-performing loans reduced into one-digit indicator has happened because of the concrete measures taken by the Bank of Albania, the improvement of economic environment and credit financial situation. /e.xh/j.p/p.s./
