TIRANA, Oct.7 /ATA/ In the first eight months of this year, the interest rate on new loans in Albanian lek to households decreased to 6.38% compared to 6.55% in the same period last year.
While, the average interest rate on household loans in euro decreased to 3.56%, compared to 3.66% in the first eight months of 2020.
The Bank of Albania-BoA announced today that, the decline in the average interest rate on loans to households is mainly determined by the loan for the housing purchase.
According to the BoA, the average interest rate on housing loans decreased to 3.41%, compared to 3.69% in the first eight months of last year.
Loans for home purchase is also the product with the main weight in the loan portfolio for individuals, with 65% of the total value. //a.i/
