TIRANA, July 30/ATA/ Energy sector has shown rapid credit growth, mainly in the field of private investment and concessions in hydropower, the Bank of Albania-BoA reported on Friday.
According to BoA, in the first six months of 2021, the new business loan amounted to ALL 68.5 billion.
The growth of business credit was supported by investment loans, led by the sectors: energy, construction, wholesale and retail trade, tourism and other service activities.
The total energy stock credit, at the end of June of 2021, accounted for over 30% of lending, ranking it the sector with the highest share of credit.
In the first quarter of 2021, investments in energy led the foreign direct investment in Albania, bringing the largest share of investments to 28% of the total. //a.i/
