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Non-performing loans of Albania drop by 10 pct.

Xinhua, September 16, 2015 Adjust font size:

Bank of Albania (BoA) Tuesday announced that the level of non-performing loans of the country has dropped by 10 percent in the first seven months.

Compared to around 70 billion lek (560 million U.S. dollars) in January, the non-performing loans have dropped to roughly 62 billion lek at the end of July.

The drop in the level of non-performing loans is related to improvement of financial situation of private sector in Albania. Endit