TIRANA, May 4ؔhe deposit portfolio of commercial banks operating in Albania totaled 610.7 billion Lek ($5.8 billion/4.5 billion euro) at the end of February,0.7% lower than a year earlier, central bank data showed on Monday.
The banks’ end-February deposit portfolio was1.4% lower than a month earlier.
Deposits Portfolio (in billions of Lek):
February-09 February-08 Year 2008
Total deposits 610.671 614.702 619.887
-lek deposits 346.894 353.685 359.187
-fx deposits 263.777 261.016 260.699
-transferable deposits 56.408 17.684 70.355
-other deposits 274.646 279.584 272.142
The loan portfolio of commercial banks in Albania totaled 412 billion Lek ($4.2 billion/3.1 billion euro) at the end of February, up by 33% from a year earlier, central bank statistics indicated on Monday.
On a monthly basis the February credit portfolio was 2.3% higher, the Bank of Albania said in its monthly report.
At the end of 2008 the banks’ credit portfolio totaled 396.3 billion Lek, up by 37.8% on the year. At the end of 2007 the banks’ credit portfolio was 0.6% higher than a year earlier.
Loans Portfolio (in billions of Lek):
February’09 February’08 Year2008
Total credits 412.085 308.984 396.264
-to public non financial corporation 14.575 4.325 12.899
-to other non financial corporation 252.542 189.874 242.050
-to other financial corporation 0.405 0.206 0.376
-to resident sectors 144.563 114.578 140.938
Albania’s 17 commercial banks serve a market of some 3.2 million people.
