According to the report recently published by BoA, the total number of borrowers continues to be dominated by male borrowers, who make up approximately 57% of the total. Their share has remained almost unchanged compared to a year ago.

Parallel to the decrease in the number of borrowers, there was also a decrease in the number of loan accounts. Always referring to the statistics of the Bank of Albania, the number of borrower accounts (loans) at the end of 2022 reached approximately 384 thousand, down by 4.2% compared to the previous year.

Statistics show that the value of the loan portfolio for individuals in the banking sector increased by 12% during 2022. But, on the other hand, the number of loans and borrowers has not increased, on the contrary, it has decreased significantly compared to a year ago before.

This shows that the increase in lending to the economy, at least in the segment of individuals, is mainly attributable to the increase in the average amount of loans rather than the increase in the number of Albanians who have loans in the bank.

/r.e/sm/