The Bank of Albania provided an update on domestic economic and financial conditions during a meeting with the European Bank for Reconstruction and Development. Governor Gent Sejko said the economy is expected to maintain solid growth, while the banking system remains stable and reports sound capitalization, liquidity and profitability. The nonperforming loan ratio has fallen to 3.7%, its lowest level since 2008. The discussions also covered cooperation on climate-related risk management, money market development and assessment of Albania’s regulatory and supervisory framework against European Union standards. Further work includes the WE Finance Code initiative to improve access to finance for women entrepreneurs and support financing for micro, small and medium-sized enterprises.
2026-07-13Bank of Albania
Bank of Albania highlights record-low 3.7% nonperforming loan ratio in EBRD talks
The Bank of Albania reported that the banking system remains stable and that the nonperforming loan ratio has reached a record low of 3.7%. In talks with the European Bank for Reconstruction and Development, it also reviewed cooperation on climate risk, money markets, EU regulatory alignment and access to finance.