The Minister of Economic Development, Trade, Tourism and Entrepreneurship Arben Ahmetaj presented a new law for foreign investments at the session of the Economy parliamentary Commission. Ahmetaj …
Bank of Albania’s Governor: The domestic demand has increased significantly
The Albanian economy has entered in a revival period since the domestic demand has increased, declared the Bank of Albania’s Governor, Gent Sejko through a press release. According to Sejko, the …
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The Ministry of Economic Development held conference on the SMEs Act 2015
On May 5th, the Ministry of Economic Development, Trade, Entrepreneurship and Tourism held a round table with groups of interest for discussing on the Small Businesses Act 2015. The Act aims to put in …
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The four main sectors which contributed in the economic growth in 2014
The Institute of Statistics has published a new report which analyses the increase of various sectors of the economy in annual terms, compared to their performance in 2013. The sectors of services …
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Bank of Albania: Remittances increased by 8.6% during 2014
The report issued by Bank of Albania confirms that remittances grew in 2014 by 8.6 percent (EUR 592 million), compared to 2013. Remittances grew for several factors but mainly due to the Euro Zone …
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Bank of Albania’s profits increased to 1.3 billion ALL during 2014
The annual report of Bank of Albania performance during the past year shows that its net profit in annual terms reached 1.3 billion ALL. The report was issued by the Supervisory Board of the Bank of …
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Bank of Albania will buy 2-5 ml EUR currencies from private banks
During the third quarter of the past year, the Bank of Albania intervened in the domestic currency market by buying currencies at an amount of 10.3 million EUR. This action by Bank of Albania was …
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AAB: Lending in USD has increased by 30% compared to a year before
The Albanian Association of Banks has issued another report on the tendency of lending by individuals and businesses during the year we left and the beginning of this year. According to the report, …
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Albanian Association of Banks: Lending for investment purposes increased by 1.3%
The Albanian Association of Banks published on Friday a report on the loan amount that second tier banks have given to businesses for investments purposes. Lending for investment purposes has …
Lending for businesses increased by 2.5% on January 2015, compared to 2014
Lending for businesses during January of this year reached the amount of 401 billion ALL, about 2.5% more than in the same period of a year before. The official data published by the Bank of Albania, …
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