TIRANA, Oct 19 /ATA/ The borrowing of second-level banks from the Bank of Albania recorded ALL 46 billion, at the end of August 2021.
The Bank of Albania announces that the value of loans to banks in the BoA balance sheet has increased by 13.3% compared to July and by 39% compared to the end of May.
Bank borrowing from the Bank of Albania is usually applied through the mutual repurchase agreement (REPO) instrument, while other instruments, such as overnight loans, have a less frequent use.
The increase in borrowing from central bank through weekly instruments indicates the high need for short-term liquidity in the banking sector.
The Bank of Albania announces that the banking system in the country is liquid and has all the capacities to finance the economy.
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