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Interest rates on credit for SMEs, 5.6%

TIRANA, Nov 10 /ATA/ Interest rates on lek-denominated loans for businesses remained low in the third quarter of the year, facilitating the financing of the private sector.

The Bank of Albania announces that the average interest rate on lek-denominated loans to businesses was 5.6%, almost at the same level as earlier 2021.

According to the BoA, the average interest rate on loans up to ALL 35 million stood at 5.6% in the third quarter, from 5.8% and 6.2% in the previous two quarters.

This segment includes loans extended to small and medium-sized businesses (SMEs).
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