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Checking accounts and demand deposits expanded by 20% and 16%

TIRANA, May 9 /ATA/ The checking accounts and demand deposits expanded by 20% and 16%, respectively if compared to last year. The Bank of Albania...

Central Bank: Economic activity increased by 3% in last quarter last...

TIRANA, May 7/ATA/ The volume of economic activity in the country increased by 3% in the last quarter of last year, after three consecutive...

Central Bank observation: Banks applied stringent standards on loan to businesses

TIRANA, April 20 /ATA/ The Bank of Albania released the survey on lending activity in the country according to which, “The commercial banks applied...

Bank lending to medium-sized enterprises grows by 16.7% to 99 billion...

TIRANA, April 13 /ATA/ - Albania’s banking system expanded its lending portfolio to business in the first months of 2021, with medium-sized enterprises recording...

Lending/Bank of Albania: Hotels and food service sector mark a 43%...

TIRANA, April 5  /ATA/ Lending to the tourism sector increased during the first months of the current year. The Central Bank of Albania said that...

More employment and higher salaries support return of inflation to target

TIRANA, March 25/ATA/ The Bank of Albania estimates that the increase in employment and salaries supports the return of inflation to the target. According to...

Central Bank to set maximum interest rates on consumer credit

TIRANA, February 28 /ATA/ The central Bank of Albania is due to set a ceiling interest rate on consumer credit to individuals that is...

Second-tier banks increased profits through interests by 2.7% in 2020

TIRANA, February 25 /ATA/ Second-tier banks increased their incomes through the interest rates during 2020. According to the Central Bank of Albania, their net interest...

Employment in banking sector increased by 3% in 2020

TIRANA, February 23 /ATA/ Employment in the banking sector has increased along with its steady consolidation in recent years. At the end of 2020, there...

Euroization of Albanian banking sector marked a fall in second 6-month...

TIRANA, February 23  /ATA/ The euroization of the Albanian banking sector has fallen during the second half of 2020 The Bank of Albania said that,...