Tirana, Dec. 12, 2008 (AENews) – The cost of borrowing in the Albanian intra-bank market reached a multi year high last week as a result of worsening liquidity conditions, statistics of Bank of Albania show.
Tirana, Nov. 20, 2008 (AENews) – The global financial Crises will have little effect on Albania, said the Minister of Economy Genc Ruli on Thursday, adding that his government was planning large investments in the energy field.
Bank of Albania decided to keep unchanged the base interest rate in the country at 6.25%, concluding that inflation is under control and that supply side pressure is diminishing.
Tirana, 28 October 2008 – Albania’s Central Bank is to limit the investments foreign banks in the country make to their parent companies, in an effort to thwart the effect of the global financial crisis. According to the new regulations, foreign banks currently operating in Albania would not be allowed to invest more than 10 [...]
Bank of Albania tightened credit risk management rules this month, in order to reduce exposure of local banks to international financial crisis
Tirana, 13 July (AENews) – Bank of Albania hiked the base interest rate by 0.25 percent, the first step after 15 months of neutrality.
Tirana, Feb. 21 (AE) – Central Bank of Albania (BoA) announced recently that rapid growth of lending during the second quarter of 2005 could result in worsening loan portfolios.