by AgroWeb on March 7, 2017

Banks increase lending, despite 2016 losses

Savings and Credit Associations in Albania have significantly increased crediting in rural areas during 2016, according to Central Bank. Last year, crediting amounted to 5.5 billion Lek or up by 14.3 percent compared to 2015. Deposits in Savings and Credit Associations were up by 30 percent, meeting almost 88 percent of crediting needs. Central Bank says that Savings and Credit Associations are ...