
The new loan during the month of February of this year is set at 29.3 billion ALL, which is the highest level since February 2016, when the new loan for the economy was set at 15.4 billion ALL. Meanwhile, compared to February of a year ago, the new loan has increased by about 53%, while 12 months ago it was fixed at about 19.2 billion ALL.
According to the data of the "Bank of Albania", the new credit for business has also registered an increase during February of this year, by about 72% in annual terms, reaching close to 21.4 billion ALL. This is the highest level since May 2016, when the new loan was set at 11.7 billion ALL, and it has also been able to surpass the previous record of 2020, when the new business loan was set at 14.2 billion ALL.
Meanwhile, in May last year, the value of the new loan in ALL was 12.4 billion ALL. So, in short, we can say that the new credit for businesses in February reached a new historical record.
But, what stands out the most from the figures is the new loan for individuals, which also reached a new historical record, with a total of 8 billion ALL loans during February. Never before in the previous 8 years has this figure been above these levels. The previous record was held from February last year, close to 6.6 billion ALL. This year meanwhile, the increase is fixed at 21% compared to the previous year.