TIRANA, April 7 /ATA/- The Supervisory Council of the Bank of Albania approved at the today’s meeting the Financial Stability Report during the second half of 2020, one of the important periodic documents prepared, with the main purpose of identifying and assessing the risks faced by the financial system.
According to the report, in the second half of 2020, the activity of the banking sector has remained steady.
Financial intermediation continued at a good pace, credit quality remained at acceptable levels, deposits increased significantly and other indicators of financial sustainability remained at appropriate levels.
Public measures in the areas of fiscal, monetary and prudential, helped lending performance, mitigated the pandemic impact and helped control risks. //a.i/
