TIRAN, Aug 20 /ATA/ / In the first 6 months of this year, second-level banks in the country have increased their fee and commission revenues.
According to data from the Bank of Albania, for this period, commission revenues amounted to ALL 6.2 billion, with an increase of 22% compared to the first half of 2020 and 17% compared to the same period of 2019.
Experts explain that this growing indicator is attributed to the expansion of banking services, but also to the increase in the value of commissions.
The improvement of revenues has resulted in significant increase of the profitability of the banking sector, which for the first 6 months of this year reached the value of ALL 10.5 billion.
The profitability of the banking sector increased by 47% compared to last year. /j.p/sm/
