TIRANA, Oct 1 /ATA/- During the second quarter of 2020, the portfolio of the Bank of Albania increased by ALL 6.90 billion after increasing by ALL 2.40 billion in the previous quarter.
The Bank of Albania has aimed to expand its portfolio during the quarter due to projections about increased need of banks for liquidity at high levels.
Banks’ participation in auctions was at record levels until mid-May, beyond that period the interest has dropped.
“After a 5-year period with low fluctuations, during the first 6 months of 2020, the expansion of the government securities portfolio has been 9.3 billion ALL, close to the levels of 2010-2014” – announces the BoA.
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