TIRANA, July 20/ATA/- In the third quarter of 2020, banks projected an increase in demand for loans from small and medium-sized enterprises (SMEs).
The Bank of Albania (BoA) published Monday the credit survey report for the second quarter of 2020 while stressing that, ” there has been an increase in demand for liquidity loans, while the investment loans are likely to continue to decline due to Covid-19 pandemic.”
According to BoA, the decrease in demand for loans by businesses in the second quarter of this year, was affected by the deterioration in business confidence, the decline in investment and financing needs; the current economic situation and its prospects due to Covid-19. //a.i/
