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BoA: Inflation rate to return to 3% target over course of...

TIRANA, March 26 /ATA/ - Albania’s central bank expects the inflation rate to gradually return to its 3% target over the course of 2025. The...

Bank of Albania keeps key interest rate unchanged at 2.75% as...

TIRANA, March 26 /ATA/ - Albania’s central bank announced Wednesday it has decided to keep its key interest rate unchanged at 2.75%, citing ongoing...

Albania’s tourism revenue edge up 19.6% to 5 billion euros in...

TIRANA, March 25 /ATA/ - Albania’s net financial gain from tourism kept an upward trend in 2024, recording a progressive increase in value, as...

Foreign Direct Investment in Albania reaches 1.58 billion euros in 2024

TIRANA, March 25 /ATA/  - Foreign direct investment (FDI) in Albania totaled 1.58 billion euros in 2024, marking an increase of 5.6% or 92...

BoA: New lending to economy up 36% in January 2025

TIRANA, Feb 28 /ATA/ - New lending to Albanian economy maintained its upward trend, recording a 36% year-on-year increase to 31.9 billion lek in...

BoA: Interest rate on loans from microfinance institutions sees three-fold decrease...

TIRANA, Feb 21 /ATA/ - Bank of Albania has introduced new rules to address concerns over lending practices of microfinance and non-bank financial institutions...

Accounts in Albania’s banking sector surge to 3.45 million in 2024

TIRANA, Feb 19 /ATA/ - Number of bank accounts in Albania has risen for the fourth consecutive year, according to central bank. The Bank of...

BoA: New business loans increase in all sectors of economy, hospitality...

TIRANA, Feb 14 /ATA/ - Bank lending to small business in Albania rose 12% in the second half of 2024, the Bank of Albania...

European Central Bank extends euro liquidity line with Bank of Albania...

TIRANA, Feb 7 /ATA/ - The European Central Bank (ECB) has agreed to extend the collateralized credit line (REPO) maturity with the Bank of...

Bank lending to private sector rose 15.8% in Q4, 2024

TIRANA, Feb 5 /ATA/ - A favorable financial environment and high demand have driven a rapid growth in bank lending to private sector in...