Albania’s banking system has removed around 12.6 billion lek in non-performing loans from the banks’ balance sheets in 2016.
Central Bank data show that the process of cleaning the banks’ balance sheets from lost loans over the past three years continued also during the past year, contributing to the improvement of the credit quality and further reduction of the non-performing loans ratio.

According to Bank of Albania, the non-performing loans write-off from balance sheets over past two years is estimated at around 40 billion lek, or 295 million euro.
Despite the process of cleaning the Albanian banking system’s balance sheets, the overall non-performing loans ratio remains still high at around 18%. Source: ATA