non-banking sector – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Wed, 09 Aug 2023 14:57:07 +0000 en-US hourly 1 NPLs ratio for nonbanking institutions down to 13.2 % https://en.ata.gov.al/2023/08/09/npls-ratio-for-nonbanking-institutions-down-to-13-2/ https://en.ata.gov.al/2023/08/09/npls-ratio-for-nonbanking-institutions-down-to-13-2/#respond Wed, 09 Aug 2023 14:57:07 +0000 https://en.ata.gov.al/?p=212121 TIRANA, Aug 9 /ATA/ – The non-performing loans (NPLs) ratio for the nonbanking institutions fell to 13.2% from 13.6% a year ago, data from the Bank of Albania showed on Wednesday.

According to central bank, the fall in the gross bad loans ratio of the non-banking financial institutions was influenced by higher growth of the loan portfolio compared to the value of the NPLs ratio.

The gross loan portfolio issued by the non-banking institutions rose 12.6% year-on-year to 47.9 billion in the first half of 2023. The microfinance and crediting institutions account for the largest share of the loan portfolio, or around 77% of the total loan.

Microcredit recorded highest growth with around 2.6 billion lek or about 50% of the total growth of the sector’s loan portfolio.

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