Bank of Albania
Bank transactions surge in October as end-of-year activity boosts financial flows
Banking activity in Albania saw a significant uptick in October, with both the number and value of transactions sharply increasing. According to fresh data from the Bank of Albania, citizens...
Albania sees record housing price surge in early 2025, demand remains high despite slow sales
Albania’s housing market has entered a new phase of sharp price increases, according to the latest data published by the Bank of Albania. During the first half of 2025, average...
Bank of Albania marks 100th anniversary with tribute to national currency and central banking legacy
The Bank of Albania is celebrating its 100th anniversary this year, marking a century since its founding on September 2, 1925. Initially proposed by Albania’s founding father, Ismail Qemali shortly...
Non-performing loans rise in Albania, signaling strain on households and small businesses
Non-performing loans (NPLs) in Albania have risen, highlighting continued pressure on family finances and small business operations. According to data published by the Bank of Albania, the NPL ratio climbed...
Albania’s economy shows steady optimism in October, despite cautious consumers
Albania’s economic sentiment improved in October, with businesses reporting greater confidence across key sectors, according to the latest survey from the Bank of Albania. Why is this important: The economic...
Albania eases bank capital rules to boost infrastructure lending; crisis buffer held at 0.5%
The Bank of Albania has adjusted capital-adequacy rules to give second-tier banks more room to lend to large infrastructure projects—roads, ports and airports—under strict regulatory supervision. The move is designed...
Albania’s non-performing loans hit record low in June 2025
Non-performing loans (NPLs) in Albania fell again in June, with the banking system’s NPL ratio easing to 4.01% from 4.12% in May—the lowest level since 2008, according to the Bank...
Credit surge in key sectors supports Albania’s export growth
New data from the Bank of Albania shows that credit from second-tier banks is increasingly being directed toward the most productive and profitable sectors of the economy—a trend that is...
Albania’s economy grows 4.1% in 2024 despite global uncertainties
In an increasingly volatile world, Albania has managed to maintain economic stability. According to the latest report from the Bank of Albania, the country’s economy expanded by 4.1% in 2024,...
Food prices keep inflation pressure high despite overall decline
Albania’s official inflation rate may be declining, but food prices continue to rise above average levels, keeping pressure on household budgets. According to the Institute of Statistics (INSTAT), food inflation...