Bank of Albania
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...
Bank of Albania and European Investment Bank join forces for sustainable development
The Bank of Albania (BoA) has announced a new partnership with the European Investment Bank (EIB) to foster sustainable development and green finance initiatives in Albania. The collaboration was unveiled...
A regional instant payment system is set to be established in the Western Balkans
The Bank of Albania, alongside the Bank of Italy and central banks from Kosovo, Montenegro, and Bosnia and Herzegovina, has signed an agreement to establish a regional instant payment system...
Albanian Democrats pledge to establish exchange rate board for Euro stabilization
The Democratic Party has promised to create a board to stabilize the euro-to-lek exchange rate immediately after coming to power. According to party leader Sali Berisha, this measure aims to...