TIRANA, August 18/ATA/ Loans for individuals have increased at higher rates in the second quarter of the year, the Bank of Albania reported, noting lending in foreign currency.
The Bank made evident the pursuit of facilitating policies for lending to individuals.
However, the move of interest rates signals the increase in credit costs for individuals.
According to the Bank statistics, the annual increase of loans reached 17% or 0.7 percent more than in the first quarter.
At the same time, foreign currency loans for individuals increased by 21.7% marking another increase from the high levels of the first quarter. /j.p/p.s./
