TIRANA, May 25 /ATA/ – Albania’s banking sector was well capitalized during the first quarter of 2022, the Bank of Albania said on Wednesday.
According to central bank , the banking sector’s capitalization remained stable in the first three months and this indicator rose to 17.94% from a 12% target set by the bank.
The capital adequacy ratio (CAR) was mainly influenced by expansion of investments and increased bank lending to the private sector.
The value of the system’s regulatory capital in the first quarter increased to about 170 billion lek up by 1.7% since beginning of the year and 9.1% higher compared to the same period of 2021.
The regulatory capital of the Albanian banking sector includes the instruments: paid-in capital, share premiums, reserves and retained earnings.
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