Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Albanian consumer loans register 12 pct growth in 2016
2017/3/7 14:50:21 Source:Xinhua

TIRANA, March 6 (Xinhua) -- Consumer loans continue to be one of the healthiest segments of lending in the Albanian banking sector, a study published by the Bank of Albania showed Monday.

According to the central bank, consumer loans issued by banks in Albania during 2016 saw an increase of 12 percent year-on-year.

The consumer loan portfolio of the banking system amounted to around 39 billion leks (301.7 million U.S. dollars), without including overdrafts, bank data showed.

Experts from the central bank said that the growth in consumer loans was mainly supported by the significant reduction of interest rates and the focus that banks continued to have on lending to households.

The value of consumer loans are relatively low and, therefore, banks' exposure to individual customers is relatively small. This enables a high diversification and distribution of credit risk, experts said.

The growth in loans also reflects increasing private consumption in economy, they added.

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn