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28-10-26
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Euro-denominated loan portfolio doubles in June

TIRANA, July 30 /ATA/ -The loan portfolio by currency in Albania’s banking system shows that foreign currency-denominated loans keep accounting for the largest share of the total loan portfolio by 56.1%, although a tendency of shifting the portfolio from foreign currency-denominated loans to Lek-denominated loans is confirmed.

Bank of Albania said in its Bank Lending Survey that the euro-denominated loan in June 2020 was worth 61 million euros, recording a two-fold increase compared to the previous month of May and the highest growth since January this year.

According to Central Bank, the share of the euro-denominated loan portfolio rose 0.4% year-on-year in June.
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