TIRANA, Oct 3 /ATA/ The loan restructured during the last twelve months reached the value of about 6.3 billion ALL or 5% of the annual flow of fresh loan, with about 30% restructured during the first half of 2022.
The Bank of Albania informs that the portfolios affected the most by the credit restructuring were the portfolio of loans for businesses, loans for the industry sector and loans extended in foreign currency.
Meanwhile, the banks have continued the process of writing non-performing loans off the banks’ balance sheets during the first half of the year. Referring to the statistics, the value of lost loans written off the balance sheets during the period reached the figure of 3.3 billion lek.
During the last twelve months, about 6.4 billion ALL in lost loans have been written off with 80% of this volume belonging to loans received from local businesses in foreign currency.
“The value of loans written off last year was 17% of the total surplus of non-performing loans in the banks’ portfolio at the end of June 2022, while for 2021 this ratio was equal to 10%.
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