Bank of Albania
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...
Non-performing loans in Albania drop to historic low of 4%
Non-performing loans (NPLs) in Albania’s banking sector have hit their lowest level in two decades. According to new data from the Bank of Albania, the NPL rate fell to 4.06%...
Record high remittances from Albanian emigrants in 2024
Albanian emigrants continued to play a significant role in supporting their families and the country’s economy in 2024. According to data from the Bank of Albania, remittances reached a record-breaking...
Foreign direct investment in Albania reaches €1.58 billion in 2024
Albania continues to attract not only tourists but also foreign investors. According to official data from the Bank of Albania, the country saw €1.58 billion in foreign direct investment (FDI)...
Foreign direct investment in Albania hits record €1.58 billion in 2024
Foreign direct investment (FDI) in Albania reached a record €1.58 billion in 2024, up €92 million or 5.6% from the previous year, according to the Bank of Albania. Why this...
Non-performing loans decline to lowest level since 2014
Non-performing loans in Albania dropped to 4.12% in January 2025, marking the lowest level recorded since 2014. According to the Bank of Albania, this figure reflects improved repayment discipline among...
Albania launches €250 million agricultural financing scheme to boost rural investments and exports
The Albanian government has introduced a €250 million financing scheme to support rural development and agriculture. The plan, backed by the state as guarantor, will provide funding for investments in...
Albania keeps interest rate unchanged as inflation declines
The Bank of Albania has maintained the base interest rate at 2.75%, citing ongoing economic growth, higher employment, and declining inflation. In a press conference, Governor Gent Sejko emphasized that...