Albanian banks' net profit up 50% y/y in Dec

The outstanding loan portfolio of banks in Albania grew to 739.5 billion leks at the end of December, from 715 billion leks a year earlier, AAB said in a monthly report, quoting data from the country's central bank.

Deposits in Albanian banks increased to 1,605 billion leks from 1,518 billion leks at the end of December 2022.

The total assets of the country's banking system grew to 1,965 billion leks as at the end of December, compared with 1,877 billion leks a year earlier.

The figures comprise the financial results of eleven Albanian banks. Banka Kombetare Tregtare (BKT) was the largest among them in terms of assets at the end of the third quarter.

(1 euro = 104 leks)