Credit fails to recover amid poor business, consumer confidence

Tirana Times
By Tirana Times January 9, 2018 10:49

Credit fails to recover amid poor business, consumer confidence

Story Highlights

  • Albania's Economic Sentiment Indicator, measuring both business and consumer confidence, was down by 3.9 percentage points in the final quarter of 2017, but remained above its historical average. Early 2018 prospects remain pessimistic for both businesses and households, shows a Bank of Albania survey.

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TIRANA, Jan. 9 – Credit to businesses and households failed to return to positive growth rates in the first 11 months of 2017 amid poor confidence and tight lending standards

Tirana Times
By Tirana Times January 9, 2018 10:49