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Bank of Albania: Loans in Euro converted in Lek

TIRANA, March 29/ATA/ The strengthening of the Lek and the lower interest rates for loans in local currency this year have caused many borrowers...

Hard currency reserve increased by 18% in 2023

TIRANA, February 1/ATA/ The hard currency reserve continued to grow during 2023. According to the Bank of Albania statistics, at the end of 2023, the...

EU calls on Kosovo to postpone implementation of central bank’s euro-only...

BRUSSELS, Jan 29 /ATA/ - European Union urged Kosovo on Monday to postpone implementation of the country’s central bank decision to ban the use...

Foreign currency loans for individuals increased by 21.7%

TIRANA, August 18/ATA/ Loans for individuals have increased at higher rates in the second quarter of the year, the Bank of Albania reported, noting...

Hard currency reserve/Bank of Albania purchases 11.5 million Euros

TIRANA, June 22 /ATA/ The Bank of Albania organized this week the sixth auction for the purchase of 11.5 million Euros foreseen in this...