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Governor: Albania’s inflation rate to drop to 3% target in 2025

TIRANA, Feb 5 /ATA/ - Albania’s inflation is expected to fall to the 3% in 2025, the governor of the Bank of Albania Gent...

Bank of Albania keeps key interest rate unchanged at 2.75%

TIRANA, Feb 5 /ATA/ - Albania’s central bank announced Wednesday it has decided to keep its key interest rate unchanged at 2.75%. The Supervisory Council...

Albania’s economic sentiment index down by 0.8 points in January, six...

TIRANA, Feb 4 /ATA/ - Albania’s economic sentiment indicator (ESI) fell by 0.8 points in January, though this indicator remains about six points above...

Foreign Minister hails deal with EIB on green finance and growth...

TIRANA, Jan 24 /ATA/ - The Minister for Europe and Foreign Affairs, Igli Hasani, hailed Friday a landmark agreement between the Bank of Albania...

Bank lending for tourism sector up 23% in H2, 2024

TIRANA, Jan 23 /ATA/ - Bank lending to private sector has significantly expanded in the second half of 2024, marking the largest growth rate...

BoA: Banks increased lending rate in Q4, 2024

TIRANA, Jan 20 /ATA/ - The second-tier banks operating in Albania kept their lending policies for businesses unchanged in the fourth quarter of 2024,...

Albania’s NPL ratio hits a 16-year low in November 2024

TIRANA, Jan 10 /ATA/ - Albania’s non-performing loans ratio (NPL) hit a record low to 4.48% in November 2024, down from 4.6% in October,...

Ministry of Finance sells 8.66 billion lek of 12-month T-bills

TIRANA, Jan 7 /ATA/ - The Ministry of Finance sold 8.66 billion lek worth of one-year Treasury bills (T-bills) at the last auction in...

Interest rates on new Lek-denominated bank deposits slightly fall by 0.02%...

TIRANA, Dec 27 /ATA/ - The weighted average interest rate on new Lek-denominated bank deposits slightly decreased by 0.02% in the end of October...

BoA: Albania sees 411 million euros in foreign direct investments in...

TIRANA, Dec 26 /ATA/ - Foreign direct investment flows in Albania rose 4% year-on-year to around 411 million euros in the third quarter of...