IIA
Bank of Albania’s Council of Ministers made public their latest decision on decreasing BoA’s interest rate on loans to 2.00%, in order to lower funds’ costs since this is expected to affect in the cut …
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Bank of Albania analyses have shown that lately the bank system in country is giving positive signals in easing the lending standards and in improving loan offers. “The total amount of lending to …
Continue Reading about Lending to businesses reached the amount of 200 bl ALL during 2014 →
At the end of the third quarter 2014, the number of active credit cards used by Albanians reached almost 900 thousand, up by 11% since the beginning of the year. A Bank of Albania report shows that …
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The Albanian Association of Banks has published a report on the performance of the bank system during the period of January-October 2014, which estimates the performance of it as positive. The bank …
Minister of Economic Development, Trade and Entrepreneurship, Arben Ahmetaj, made an appeal to all private banks in country to increase lending for businesses and entrepreneurship while attending the …
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The ratio between loans and deposits is currently at the level of 58.1%, a figure that shows the considerable number of liquidities that can finance the economy. This conclusion of the latest report …
Continue Reading about Bank of Albania report: Deposits decreased by 1 bl ALL in October →
An official announcement by the Bank of Albania declared that the increase of the Albanian economy by 2% during 2015, as predicted by the government, will be influenced by many external factors. The …
Continue Reading about Bank of Albania: Exports will play an importan role in the economic growth →
The increase of outstanding loans has pulled back second tier banks from giving loans to the businesses or individuals. This has been noticed in recent years after the economic crisis of 2008 which …
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The Supervisory Board of Bank of Albania reviewed and approved the Monetary Policy Monthly Report during the meeting of the board members on November 26th. The members also decided to decrease the …
Continue Reading about Bank of Albania decrease the basic interest rate at its lowest level, 2.25% →
The EBRD's $100 ml line of credit to the Albanian Deposits Insurance Agency have been ratified and published in the official bulletin on November 19th. According to the agreement, the loan will serve …
