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Lending to economy in May increased by 42%

TIRANA, June 28 /ATA/ Lending to economy continued to grow for the month of May 2024.

The Bank of Albania announces that in May 33.5 billion ALL were disbursed in lending to the economy, with an increase of 42% compared to the same period a year ago.

In the first five months of this year, the loan disbursed by the banking sector reached the value of 150.6 billion ALL and has increased by almost 37% on an annual basis.
The main contribution continues to be given by the loan in Lek, which for the first 5 months of the year has almost increased by 58% compared to the same period a year ago.
The main contribution to increase in lending in the first months of this year is given by business. The figures show that for the month of May, new loans for businesses increased by 54%, compared to May of last year. For the entire 5-month period of 2024, the new loan for businesses reached 106.6 billion ALL, increasing by 58% compared to the same period of 2023.
/r.e/sm/

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