The banking industry includes not only commercial banks (as we have them in Albania), but mainly investment banks, microcredit financial institutions (not banks) and pension and insurance companies[1]. All banks have large cash holdings. They hold a small amount of cash...
Lending has started to decline in 2023, although expectations are for a recovery in the following months. This impact is expected as long as credit has become more expensive and this cost of commercial banks should remain short-term, otherwise the...
Last year, the biggest blows to the Albanian economy, as well as to the economies of the neighboring countries, came from a series of geopolitical risks, where beyond the current political situation in the Balkans, between Kosovo and Serbia [1],...
All Central Banks (CBs) hope for the best, but not all fully prepare for the worst. This is a conclusion of the European Central Bank (ECB), which includes on this point of view also the Bank of Albania among the...
For many months, prices have been kept under pressure by the markets of the goods we import, not simply because our economy has produced more, but because the economy is not as free and open as in the countries where...
