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Bank of Albania regulation on interest rate on consumer loans

TIRANA, July 28 /ATA/ - The Bank of Albania will set an interest rate ceiling on consumer personal loans in a move expected to...

House purchase loans account for lowest ratio in total of non-performing...

TIRANA, July 26 /ATA/ - The house purchase loans account for the lowest ratio in the total of the non-performing loans, Bank of Albania...

Business increases demand for investment loans

TIRANA, July 22/ATA/ The business has increased demand for investment loans. The Bank of Albania-BoA reported on Thursday that, the post-pandemic economic recovery, the increase...

Average interest rate on new business loans accounted for 5.8% in...

TIRANA, May 15/ATA/- The Bank of Albania (BoA) reported today that, the average interest rate on new business loans was 5.8% in the first...

Loans for non-residents in Albania increased to ALL 58.6 billion

TIRANA, May 15/ATA/- The Bank of Albania (BoA) reported today that, the loans for non-residents in Albania reached ALL 58.6 billion at the end...

BoA: Construction and industrial sectors led growth of business loans in...

TIRANA, May 15/ATA/- The Bank of Albania (BoA) announced on Saturday that, the construction and industrial sectors have led the growth of business credit...

Consumer credit growth 7.4%, higher than average pre-COVID-19 loan flows

TIRANA, May 11/ATA/- The Bank of Albania (BoA) announced on Tuesday that the rapid resurgence of consumer credit has affected the partial amortization of...

Loans restructuring / BoA: Repayment delayed for 60 % of bank...

TIRANA, May 7 /ATA/ - The Bank of Albania announced Monday that over 60% of 23 billion lek in credit instalments and the restructuring...

Banks granted ALL 150 billion in loans in second half of...

TIRANA, May 5/ATA/- The Bank of Albania (BoA) announced today that, the new loan granted by banks during the second half of 2020 is...

Tourism/ BoA: 11% of loan stock restructured

TIRANA, May 4 /ATA/- 11% of the loan stock offered to businesses operating in the tourism industry underwent restructuring last year. During 2020, the Bank...