TIRANA, August 11/ATA/ The assets of the banking sector in the middle of the current year exceeded the value of ALL 1.8 trillion.
Data provided from the Bank of Albania show that the sector has expanded by 1.4% since the beginning of the year and by 7.6% compared to the same period last year.
The banks continued to focus mainly on lending, while investments in securities have decreased compared to the beginning of the year.
The net loan portfolio in the middle of the current year reached the value of ALL 679 billion, increasing by 13.3% compared to last year and by 4.9% since the beginning of the year.
Meanwhile, investments in securities at the end of June were worth 648 billion ALL, 4.5% more compared to last year, but down 2.8% since the beginning of this year.
There are 11 commercial banks operating in our country, most of them with foreign capital and some of them with local capital. /j.p/p.s./
