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Consumer credit growth 7.4%, higher than average pre-COVID-19 loan flows

TIRANA, May 11/ATA/- The Bank of Albania (BoA) announced on Tuesday that the rapid resurgence of consumer credit has affected the partial amortization of...

BoA: Voluntary private pension funds increased by 18%

TIRANA, May 10/ATA/-Supplementary private pension funds have expanded their activity during 2020, the Bank of Albania (BoA) said on Monday. According to Bank of Albania,...

Loans restructuring / BoA: Repayment delayed for 60 % of bank...

TIRANA, May 7 /ATA/ - The Bank of Albania announced Monday that over 60% of 23 billion lek in credit instalments and the restructuring...

BoA: Capital adequacy ratio increased by 19.8% during 2021

TIRANA, May 6/ATA/- The capitalization of the banking sector in the country has shown satisfactory results in resistance exercised by the Bank of Albania. The...

BoA: Non-performing loans decreased to 8% in March, hitting lowest level...

TIRANA, May 6/ATA/- In March 2021, the non-performing loans ratio fell below 8%, recording the lowest level since 2009, the Bank of Albania (BoA)...

BoA: Credit to private sector increased by 7.5% in first quarter...

TIRANA, May 6/ATA/- Credit to the private sector experienced an average annual growth of 7.5% in the first quarter of 2021, the Bank of...

Banks granted ALL 150 billion in loans in second half of...

TIRANA, May 5/ATA/- The Bank of Albania (BoA) announced today that, the new loan granted by banks during the second half of 2020 is...

BoA: 12-month T-bill interest rates rose to 1.7%

TIRANA, May 5/ATA/- According to the Bank of Albania (BoA), the average weighted yield on the government securities rose to 1.7% from 1.63% at...

Tourism/ BoA: 11% of loan stock restructured

TIRANA, May 4 /ATA/- 11% of the loan stock offered to businesses operating in the tourism industry underwent restructuring last year. During 2020, the Bank...

BoA: 186 million euro in loans restructured in 2020

TIRANA, May 4 /ATA/- In 2020, ALL 23 billion or about EUR 186 million in loans have been restructured by the commercial banks in...