Deposits increased to ALL 474 billion at the end of March

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The situation created by COVID-19 has not affected deposit indicators.

Lek deposits increased by 0.1% in March, compared to February, reaching the value of Lek 474 billion, at the end of the first quarter of 2020.

Statistics of the Bank of Albania show that both categories, businesses and individuals have increased their savings in lek, during this period.

Meanwhile, deposits in euros amounted to a total of 4.4 billion euros at the end of March and deposits in lek reached 1.07 trillion.

The Bank of Albania confirms that the banking system in the country is well-capitalized and profitable and the indicators of financial stability are sound. / ATA

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