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BoA: Individuals withdraw less cash from cash register

TIRANA, Sept 21/ATA/- According to the official data published by the Bank of Albania (BoA), in the second quarter of 2020, the flow of withdrawals is oriented towards wider use of bank cards and online shopping transaction, which is reflected in the decrease of cash flow.

Individuals have withdrawn less cash from the cash register compared to the first quarter of 2020, while a slight increase was seen in cash withdrawals from the cash register by the businesses.

The Bank of Albania announces on Monday that, in the second quarter of 2020, ALL 73 billion in cash were withdrawn from bank coffers down from ALL 80 billion recorded in the first quarter of this year.

“In the first quarter of this year, ALL 95 billion were withdrawn by businesses showing a decrease of 9.6%, while in the second quarter of 2020, were withdrawn ALL 98.6 billion showing an increase of 3.78%,” BoA reported. //a.i/

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