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Household, business lending rises, Tirana dominates mortgage market

TIRANA, Aug. 25 /ATA/ - Lending to households and businesses in Albania continued to expand in the first half of 2026, while financing conditions...

Tabaku: 2026 draft budget does not reflect economic reality of Albanian...

TIRANA, November 8 /ATA/- Democratic Party MP Jorida Tabaku has reacted to the 2026 draft budget, stating that the economic growth claimed by two...

More Albanian households report wage income – Central Bank survey

TIRANA, Oct 22 /ATA/ - The number of Albanian households reporting income from employment rose by 3.9% in the first half of 2025 compared...

79 million euro IPA III agreement to support 8,000 Families with...

TIRANA, July 4 /ATA/ - A 79 million euro multi-year operational program on energy, funded by the EU’s IPA III (50 million euros) and...

Albania’s electricity generation up by 30%  in 2023

TIRANA, Dec 30 /ATA/ - Albania's electricity generation rose 30% year-on-year in 2023, Prime Minister Edi Rama said at a press conference on Saturday. The...

Bank lending at highest level in last 8 years – Central...

TIRANA, Aug 30 /ATA/ - Bank lending to businesses and the households in the first seven months of 2023 has surged to the highest...

Households had a greater consumption of electricity

TIRANA, May 26/ATA/ During the first quarter of 2022, there has been an increase in the consumption of electricity by 5.7%, reaching the value...

Loans to households increased by 83% in June of 2021

TIRANA, July 30/ATA/ The banking system is showing a positive performance in loans to households. The Bank of Albania announced today that, during June of...

Remittances accounted for 10% of Albania’s Gross Domestic Product

TIRANA, July 27/ATA/ In Albania, remittances account for over 10% of Gross Domestic Product-GDP, while detailed analysis of their impact on economy and quality...