commercial banks – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Tue, 05 Apr 2022 07:56:33 +0000 en-US hourly 1 Central bank’s liquidity line amounts to 28.3 billion lek in February https://en.ata.gov.al/2022/04/05/central-banks-liquidity-line-amounts-to-28-3-billion-lek-in-february/ https://en.ata.gov.al/2022/04/05/central-banks-liquidity-line-amounts-to-28-3-billion-lek-in-february/#respond Tue, 05 Apr 2022 07:56:33 +0000 http://en.ata.gov.al/?p=175745 TIRANA, April 5 /ATA/ – The Bank of Albania has increased its liquidity line for the commercial banks operating in the country to an amount of 28.3 billion lek at the end of February.

Official data show that the loan value granted by central bank to commercial banks, through reverse repurchase agreements (REPO), has decreased on an annual basis.

According to central bank, this indicator is 2 billion lek less than in January 2022.

Bank lending by the Bank of Albania is usually conducted under the instrument of reverse repurchase agreements, while other instruments, such as overnight loan facility is not frequently used.

Albania’s banking sector is generally liquid. Borrowing from the central bank fully meets short-term liquidity needs.

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]]> https://en.ata.gov.al/2022/04/05/central-banks-liquidity-line-amounts-to-28-3-billion-lek-in-february/feed/ 0 Commercial banks own 58 % of internal debt by July https://en.ata.gov.al/2021/10/18/commercial-banks-own-58-of-internal-debt-by-july/ https://en.ata.gov.al/2021/10/18/commercial-banks-own-58-of-internal-debt-by-july/#respond Mon, 18 Oct 2021 14:56:48 +0000 http://en.ata.gov.al/?p=163765 TIRANA, Oct 18 /ATA/ – Albania’s commercial banks owned around 58 % of the value of the internal debt instruments, central bank said on Monday.

According to the Bank of Albania, the share of Albanian government securities (treasury bills and bonds) in the banks’ portfolio has increased by 8.4% since beginning of the year to the end of July, registering a 9.8% year-on-year increase.

According to official data, commercial banks were the main purchasers of new debt issued whether through domestic euro-denominated bonds or Eurobonds.

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]]> https://en.ata.gov.al/2021/10/18/commercial-banks-own-58-of-internal-debt-by-july/feed/ 0 Commercial banks ease lending standards for business, BoA reports https://en.ata.gov.al/2021/07/21/commercial-banks-ease-lending-standards-for-business-boa-reports/ https://en.ata.gov.al/2021/07/21/commercial-banks-ease-lending-standards-for-business-boa-reports/#respond Wed, 21 Jul 2021 13:34:29 +0000 http://en.ata.gov.al/?p=155973 TIRANA, July 21/ATA/ Commercial banks in Albania eased lending standards for businesses, the Bank of Albania-BoA reported on Wednesday.

The Bank of Albania published on Wednesday the Survey on Credit Activity according to which, “in the second quarter of this year, banks eased the standards for business lending to finance investments and to cover liquidity needs.

The standards were eased especially for small and medium-sized enterprises, which constitute the segment with the largest number of businesses.

The easing of lending standards for businesses in the second quarter of this year was triggered by the higher risk tolerance, mainly in the small and medium-sized enterprises segment.

Also, the adequate interest rate level, the improvement of business confidence were reported as factors that led to the increase in the demand for business loans in the second quarter, the BoA notes. //a.i/

]]> https://en.ata.gov.al/2021/07/21/commercial-banks-ease-lending-standards-for-business-boa-reports/feed/ 0 BoA approves new way of calculating fixed exchange rate of lek https://en.ata.gov.al/2021/06/02/boa-approves-new-way-of-calculating-fixed-exchange-rate-of-lek/ https://en.ata.gov.al/2021/06/02/boa-approves-new-way-of-calculating-fixed-exchange-rate-of-lek/#respond Wed, 02 Jun 2021 18:06:07 +0000 http://en.ata.gov.al/?p=149598 TIRANA, June 2 /ATA/ The Supervisory Council of the Bank of Albania approved today the new way of calculating the fixed exchange rate of the lek in the Bank of Albania.

The changes to the existing regulation aimed at developing the derivatives market in Albania, as a protective instrument against exchange rate risk and increasing transparency in the foreign exchange market.

The main changes consist in the expansion of the participation basis of commercial banks to 4 banks by replacing the foreign exchange offices as well as the publication of 10 participating banks of “Fix” on the official website of the Bank of Albania.

Also, the amendments provide for the publication by the Bank of Albania of the price “Bid” and “Ask” which represent the average price at which the banking system is ready to buy and sell the US dollar and the euro against the lek, as well as the standardization of the amount of trading in the interbank market. //a.i/

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