bank-lending-financing – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Wed, 10 Nov 2021 11:39:25 +0000 en-US hourly 1 Lending to agriculture 16.2 % https://en.ata.gov.al/2021/11/10/lending-to-agriculture-16-2/ https://en.ata.gov.al/2021/11/10/lending-to-agriculture-16-2/#respond Wed, 10 Nov 2021 11:39:25 +0000 http://en.ata.gov.al/?p=165804 TIRANA, Nov 10 /ATA/ Second-level banks in the country increased lending to agriculture during 2021.

Central Bank statistics show that credit to agriculture increased by 16.2% compared to a year ago. The credit disbursed for agriculture accounts for about 1.5% of the lending provided to private companies.

Meanwhile, the total loan portfolio for agriculture at the end of 2021 reached the value of ALL 6 billion.
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]]> https://en.ata.gov.al/2021/11/10/lending-to-agriculture-16-2/feed/ 0 Interest rates on EUR-denominated loan for business is 4.4% https://en.ata.gov.al/2021/11/09/interest-rates-on-eur-denominated-loan-for-business-is-4-4/ https://en.ata.gov.al/2021/11/09/interest-rates-on-eur-denominated-loan-for-business-is-4-4/#respond Tue, 09 Nov 2021 16:31:34 +0000 http://en.ata.gov.al/?p=165730 TIRANA, Nov 9 /ATA/ The Bank of Albania announces that interest rates on euro-denominated loans in the last quarter have recorded values that are similar to previous quarters.

According to the BoA, the interest rate on euro-denominated loans for businesses was 4.4%, compared to the level of 4.5% in the second quarter and the same as in the first quarter of the year.

According to the size of loans, interest rates have decreased for small loans and large loans (over 1 million euros), while the in-between segment has not changed.

The rapid improvement of economic activity in the country and more positive approach of banks to lending have helped improve the growth rates of lending to business in the third quarter by 8% on an annual basis.
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]]> https://en.ata.gov.al/2021/11/09/interest-rates-on-eur-denominated-loan-for-business-is-4-4/feed/ 0 Bank lending, stable source of financing for economy https://en.ata.gov.al/2021/10/07/bank-lending-stable-source-of-financing-for-economy/ https://en.ata.gov.al/2021/10/07/bank-lending-stable-source-of-financing-for-economy/#respond Thu, 07 Oct 2021 14:09:29 +0000 http://en.ata.gov.al/?p=162672 TIRANA, Oct 7 /ATA/ Bank lending has continued to be a stable source of financing for the economy, reflecting the favorable financing terms, the increase in demand and the positive approach of banks to lending.

The Bank of Albania announces that the volume of loans to the private sector increased by 8.4% on average in July and August.

According to the BoA, the credit increase has financed the expansion of investments of Albanian businesses and families, as well as covered their liquidity needs.

Moreover, lending continues to retain two positive features. First, lek-denominated credit continues to show high growth rates, illustrating a good monetary stimulus transmission and increasing the banking system’s resilience to risks. Second, the non-performing loan ratio fell below 7.0% in August, pointing to a satisfactory quality of this portfolio. /j.p/sm/

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