Division of bank profits – The Bank of Albania suspends it for the whole year
The Bank of Albania has suspended the distribution of commercial bank profits for the whole of 2020. At the last meeting, the Supervisory Board decided to postpone for the entire calendar year the previous decision, which extended the effects until the end of June. The decision includes the profits carried over from previous periods, as well as the profit that will be made from the year 2020.
According to the Bank of Albania, this measure aims to provide support to banks, mainly by increasing their ability to absorb potential losses and support lending to individual and business customers during this period.
According to the Bank of Albania, the profits of 2019 and those carried at the end of last year had a value of ALL 27 billion and accounted for 17.5% of the total share capital structure of banks.
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.