credit-currency-portfolio – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Thu, 26 Aug 2021 15:51:23 +0000 en-US hourly 1 Share of credit in hard currency versus total portfolio dropped to 49.9% https://en.ata.gov.al/2021/08/26/share-of-credit-in-hard-currency-versus-total-portfolio-dropped-to-49-9/ https://en.ata.gov.al/2021/08/26/share-of-credit-in-hard-currency-versus-total-portfolio-dropped-to-49-9/#respond Thu, 26 Aug 2021 14:10:03 +0000 http://en.ata.gov.al/?p=159024 TIRANA, Aug 26 /ATA/ Recent years have seen a decline in foreign currency-denominated loan.

The Bank of Albania announces that in the middle of this year the share of foreign currency loans against the total loan portfolio decreased to 49.9%, from 52.7% a year ago.

Meanwhile, 41% of foreign currency-denominated loans extended by the banking sector are exposed to exchange rate risk.

Loans exposed to exchange rate risk have been extended in a different currency from the income of the borrowing entity.

According to the BoA, unsecured loans in euro account for 90% of the total, while the remaining 10% is in US dollar. /j.p/sm/

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