TIRANA, Jan 20 /ATA/ – The second-tier banks operating in Albania kept their lending policies for businesses unchanged in the fourth quarter of 2024, maintaining similar lending standards and terms compared to the previous second quarter.
The Bank of Albania said in its latest Lending Survey that the business demand for bank lending was higher compared to the third quarter of 2024.
Central Bank’s Lending Survey found that banks reported unchanged lending standards for investments and liquidities, while commercial banks increased lending in the last quarter of the previous year.
Banks eased lending standards for households and consumption loans.
According to Central Bank, in the last quarter of 2024, lending standards remained unchanged, both in terms of business size and in terms of the purpose of using the loan: to finance investments or to cover liquidity needs.
Central Bank noted that household loan demand to cover consumption and real estate purchase was high in the last quarter of 2024.
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