TIRANA, October 30 /ATA/ The individuals have increased their savings in bank accounts during the recent years.
The Central Bank said that the current accounts of the individuals increased in September this year by 17% in Lek and hard currency.
In Lek, the individuals prefer the liquid deposits because there is no high interest rate to encourage the time deposits.
The interest rate on 12-month maturity deposits are less than 1% as a result of the facilitating policy that the Bank of Albania has pursued during the last decade.
The Bank of Albania has noticed that during the last two years the bank deposits are back to high pace of growth. The trend began during the pandemic year, the same like in all of Europe, while the individuals tried to save during uncertainty and inability to spend./p.s./
