TIRANA, March 30 /ATA/ New credit for the economy bounced back in February this year.
The data of the Bank of Albania show that the banking sector disbursed ALL 19.2 billion in new loans, an increase of 4.7% compared to the same period a year ago.
For the period January-February, banks disbursed a total of 35.8 billion ALL in loans.
Bank experts say that new loan figures are resisting the increase in interest rates and the tightening of supply. This trend is particularly visible in the segment of individuals, where the new loan has continued to grow even for the 2nd month of 2023.
For the month of February, the new loan for individuals increased by 11.8% on an annual basis, while for the 2-month period the increase is almost 18%. The increase came mainly from the loan for the purchase of housing in euros.
While the new credit for private companies recorded a very slight increase in February, but for the 2-month period it has decreased by 2.9%.
/r.e/sm/
