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Real estate collateralisation accounts 60% of foreign currency-denominated loan portfolio

TIRANA, Aug 9 /ATA/ - Bank of Albania said in its latest Financial Stability Report that the provisioning coverage ratio increased to over 85%...

NPLs ratio for nonbanking institutions down to 13.2 %

TIRANA, Aug 9 /ATA/ - The non-performing loans (NPLs) ratio for the nonbanking institutions fell to 13.2% from 13.6% a year ago, data from...

Ministry of Finance sells 8.6 billion lek worth of 12-month T-bills...

TIRANA, Aug 2 /ATA/ - The yield on the 12-month treasury bills maintained a downward trend this week, slightly falling to 3.13% from 3.14%...

Albania’s inflation slows down in Q2, 2023

TIRANA, Aug 2 /ATA/ - Albania’s inflation slowed down by two percent points to an average rate of 4.6% in the second quarter of...

Bank of Albania: Euro depreciation stimulated by foreign investments and tourism

TIRANA, July 6 /ATA/ - The Governor of the Bank of Albania Gent Sejko said that a sharp depreciation of the European single currency...

Bank of Albania: Economy to grow by 3% in 2023

TIRANA, July 5 /ATA/ - Albania’s central bank expects the national economy to expand by 3% until end of 2023. The Governor of the Bank...

Albania’s Economic Sentiment Indicator up by 0.8% in June

TIRANA, July 3 /ATA/ - The Economic Sentiment Indicator (ESI) rose by 0.8% in June, according to the latest Bank of Albania’s Business and...

Parliament calls for new monetary policy to cut inflation to central...

TIRANA, June 20 /ATA/ - Parliamentary Committee for the Economy and Finance approved Tuesday a draft-resolution on the activity of the Bank of Albania...

BoA: Euro-denominated bank deposits up by 16.7% to 6.5 billion euros...

TIRANA, June 1 /ATA/ - The euro-denominated deposits in Albania’s banking system rose 16.7% year-on-year to around 6.5 billion euros in April, as Europe’s...

Albania’s Economic Sentiment Indicator up by 3.9% in May

TIRANA, June 1 /ATA/ - The Economic Sentiment Indicator (ESI) rose by 3.9% in May, according to the latest Bank of Albania’s Business and...