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16-10-26
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BoA: Medium-sized and large enterprises best sales performance in second six-month period

TIRANA, May 3 /ATA/- In the second half of 2020, the medium-sized and large enterprises reported better sales performance and financial position compared to the first half of the year, according to the Bank of Albania (BoA) periodic survey.

All enterprises surveyed rated the pandemic as the factor with the main impact on their activity.

In terms of business expansion or investment growth, the large enterprises reported a slight increase during this period.

Half of the total enterprises that responded to the questionnaire stated that they have financed their activity through sales. Meanwhile, the trend of combining funding sources continues to occupy a significant weight.

The survey shows that during this period the weight of borrowing businesses has increased. About 41% of the total enterprises that responded to the questionnaire stated that they currently have to pay off loans. This weight has increased by 1.7% compared to the previous six months and 4.2% compared to a year ago. //a.i/

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