The effect of Covid-19 on the Albanian banking market – EIB report: The loan will be negatively affected, but the market has a satisfactory position

The European Investment Bank (EIB) has published the latest periodic report on the banking sector in Central and Southeast European countries, which also includes Albania. The new report also reflects the situation created by Covid-19.

“Demand for loans in Albania is below expectations, falling over the past 6 months, and falling to neutral territory after 2 years with a growing trend” – says the bank which, among other things, adds that; “While the full impact of the pandemic still remains uncertain, household loans may be negatively affected by the decline in consumption”.

SCAN

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