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Albania’s end-Dec gross foreign debt rises 3.7% q/q – table

Albania’s end-Dec gross foreign debt rises 3.7% q/q – table Debts (Author: investopedia.com) License: all rights reserved.

TIRANA (Albania), March 25 (SeeNews) – Albania’s gross foreign debt totalled 8.3 billion euro ($9.4 billion) at the end of December, up 3.7% compared to the level recorded at the end of September, the country's central bank said on Monday.

The external debt of Albania's commercial banks, general government, central bank and non-financial sector increased in the fourth quarter, according to figures released by Bank of Albania.

Details follow (in millions of euro):

  End-Dec End-Sept
Total debt 8,346.6 8,046.8
Commercial banks 1,427.0 1,418.7
-short-term debt 1,292.1 1,282.2
-long-term debt 134.8 136.5
General government 3,829.0 3,535.1
-short-term debt - -
-long-term debt 3,829.0 3,535.1
Central bank 56.8 56.4
-short-term debt - -
-long-term debt 56.8 56.4
Other sectors 1,346.0 1,342.7
-short-term debt 371.1 355.8
-long-term debt 974.9 986.9
Direct investment: intercompany lending 1,687.8 1,693.9

Source: Bank of Albania

($=0.88466 euro)

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