TIRANA, Sept 17 /ATA/ Foreign currency deposits are pursuing the rising trend this year as well.
The Bank of Albania announces that the euro savings in the banking system increased to 4.9 billion euros at the end of July 2021.
On a year to year basis, euro deposits expanded by 11.7% compared to the corresponding period a year earlier and by 7% since the beginning of this year.
According to the Bank of Albania, this summer saw an increase in euro inflows in the country. For June and July, euro deposits increased by almost 90 million euros per month.
The total of deposits is dominated by individuals, who own about 76% of the total. Compared to a year ago, individuals’ euro deposits in the banking sector increased by 9% or about 308 million euros. /a.a/sm/
