TIRANA, Nov.5/ATA/Non-performing loans continued to decline in September of 2021, the Bank of Albania-BoA reported.
According to the Bank of Albania, the ratio of non-performing loans decreased to 6.5%, down from 6.9% a month earlier.
BoA said that, 6.5% indicator is the lowest level of non-performing loans recorded since November 2008.
The improvement in the economic development has had a positive impact on the solvency of borrowers. In the second quarter of this year, Gross Domestic Product-GDP increased by 17.9% and exceeded the levels of 2019, before the pandemic. //a.i/
