TIRANA, April 30 /ATA/ The banking system continues to be adequately liquid and the ratio of liquid assets to total assets in banks’ balance sheets marks consolidated indicators.
The Bank of Albania released on Friday the Monetary Policy Report in the second half of 2020, saying that the liquid assets of the banking sector recorded the level of ALL 550 billion at the end of last year.
According to the BoA, the liquid assets of the banking sector increased by ALL 40 billion in the second half of 2020.
Deposits, as the main source of financing the banking activity, are estimated to be twice the volume of loans in the sector. At the end of 2020, the “loan / deposit” ratio stood at 47.3%.
At the end of the year, this ratio were 47.6% for the local currency and 47.1% for the currency.
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