Bank Lending Rate in Albania increased to 10.14 percent in December from 9.91 percent in November of 2023. Bank Lending Rate in Albania averaged 8.93 percent from 2018 until 2023, reaching an all time high of 11.36 percent in October of 2022 and a record low of 7.71 percent in November of 2021. source: Bank of Albania

Bank Lending Rate in Albania is expected to be 10.14 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Bank Lending Rate is projected to trend around 8.89 percent in 2025, according to our econometric models.

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Albania Bank Lending Rate

Related Last Previous Unit Reference
Consumer Confidence -26.35 -25.44 points Jan 2024
Economic Optimism Index 107.57 109.34 points Jan 2024
Consumer Credit 271713.19 267384.63 ALL Million Dec 2023
Bank Lending Rate 10.14 9.91 percent Dec 2023

Albania Bank Lending Rate
In Albania, the bank lending rate is the interest rate charged on credit extended to private individuals by commercial banks.
Actual Previous Highest Lowest Dates Unit Frequency
10.14 9.91 11.36 7.71 2018 - 2023 percent Monthly