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Wednesday, January 20, 2021
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News and information about financial issues and banks in Albania and the world

The European Central Bank is preparing to issue a digital Euro. The Governing Council has not yet made a decision and will open a public consultation to discuss with citizens, academia, financial and public authorities. The ECB published an in-depth report on the possible issue of a digital Euro ...
The companies managing the investment and pension funds have extended their profits by ALL 122.3 million, in the first 6 months of this year, the Financial Supervision Authority (FSA) announces. According to the AFSA, compared to last year, the net profit of companies has increased by about 52%. AFSA announces that, ...
On September 17, 2020, in the framework of Post-Program Monitoring, Governor Gent Sejko and other representatives of the Bank of Albania, held an online meeting with Ms. Yan Sun, Head of the IMF Mission to Albania. The discussions of this meeting focused on the progress of the Albanian economy, developments in the system ...
Like today, 81 years ago, in Albania, silver coins were thrown into circulation for the last time. On August 22, 1939, the National Bank of Albania (1925-1945), put silver coins into circulation for the last time. They were of 5 and 10 lek denominations. Based on ...
The German economy is expected to recover from the new coronavirus pandemic crisis and grow strongly over the summer, the country's central bank, the Bundesbank, predicted today. "After a sharp decline in the first half of the year, the German economy can grow very strongly in the summer quarter", declared the institution ...
The Bank of Albania announces that, entrepreneurship and businesses are the segment that have benefited most from the moratorium on loan payments, which was established in mid-March and continues until the end of August, for all those who were in financial difficulties , in conditions...
The country's foreign exchange reserves held by the Bank of Albania mainly in euros, dollars and very little in gold, have been growing steadily. At the end of March 2020, the foreign exchange reserve stock amounted to about 3.32 billion euros. The Bank of Albania announced that this level ...
Non-performing loans decreased at the end of June, falling to 8.1%, the lowest level in 11 years, since the first quarter of 2009. According to the Bank of Albania, this indicator decreased by 0.04 % compared to May 2020 where loans ...
Credit for house purchase in lek has marked a slight increase in June of this year, after a contraction in the period March-May due to the closure of some of the economic alternatives from the situation created by Covid / 19 The Bank of Albania announces that , the cost of the loan to ...
The Bank of Albania has taken measures to strengthen the capitalization of the banking system, to ensure that commercial banks in the country are as protected as possible from possible shocks. The new regulation drafted by the BoA, which enters into force in 2021, is in the process of strengthening ...
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