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Albanian Banks' End-July Loan Portfolio Rises 17.4% Y/Y

Sep 17, 2009, 11:57:43 AMArticle by Yordan Todorov
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September 17 (SeeNews) - The loan portfolio of commercial banks in Albania amounted to some 419.2 billion leks ($4.63 billion/3.14 billion euro) at the end of July, 17.4% up from a year earlier, central bank statistics indicated.

Albanian Banks' End-July Loan Portfolio Rises 17.4% Y/Y

On a monthly basis the banks' July credit portfolio was 1.0% lower.

At the end of 2008 the banks’ credit portfolio totalled 396.3 billion leks, 35% up on the year.

Details follow (in billions of leks):

End-July'09 End-July'08 End-June'09
Total credits 419.193 357.032 423.339
-to public non financial corporation 12.597 6.018 14.651
-to other non financial corporation 261.594 221.345 261.619
-to other financial corporation 0.373 0.185 0.401
-to resident sectors 144.629 129.484 146.669


Albania’s 16 commercial banks serve a market of some 3.2 million people.

(1 euro=133.5286 Albanian leks)

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