TIRANA, August 4 /ATA/- To stimulate the economy in the conditions created by COVID-19, the Bank of Albania continues to maintain a facilitating monetary policy where the key interest rate for the Lek is at the historical minimum level of 0.5%.
This policy of the Central Bank is reflected in the reduction of interest rates in June, for all maturities, except for loans 1 to 3 years.
According to the BoA, the average interest rate on new Lek loans, granted during June to individuals and businesses was 5.45%.
This is the lowest historical level. If compared to a month ago, interest rates are 0.11% lower, while compared to a year ago they are 0.51% lower. e.xh / /a.g/p.s./
