A new report published by the Bank of Albania, shows that the total amount of deposits by businesses in the bank system during February reached the value of ALL 976 billion. The amount of deposits by businesses has increased by 0.2% compared to the same period of a year before.
The report shows that deposits increased due to the increase of deposits in ALL currency by businesses in Albania, which have increased by ALL 1.9 billion.
On the contrary, the deposits of individuals have decreased, says Bank of Albania. The total amount of time deposits reached the amount of ALL 352.5 billion, during February of this year. Time deposits comprise the 74% of the total of deposits in ALL currency in country’s bank system. Comparing the amount of deposits in annual terms, they decreased by 5.4%.
News source: ATA
Photo credits: Senior Living
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