Bank Lending Rate in Albania increased to 3.92 percent in August from 3.85 percent in July of 2021. source: Bank of Albania

Bank Lending Rate in Albania averaged 4.30 percent from 2015 until 2021, reaching an all time high of 6.18 percent in December of 2015 and a record low of 3.20 percent in February of 2021. This page provides - Albania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Bank Lending Rate - values, historical data and charts - was last updated on October of 2021.

Bank Lending Rate in Albania is expected to be 3.92 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 4.17 percent in 2022 and 4.92 percent in 2023, according to our econometric models.

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Albania Bank Lending Rate

Albania Last Unit Reference Previous Highest Lowest
Consumer Confidence -25.45 points Sep/21 -26.36 -6.20 -29.17
Bank Lending Rate 3.92 percent Aug/21 3.85 6.18 3.20
Consumer Credit 214190.30 ALL Million Aug/21 212655.70 214190.30 102929.86
Economic Optimism Index 91.80 Mar/21 81.50 120.50 52.30

Albania Bank Lending Rate
In Albania, the bank lending rate is the weighted average rate of interest charged on loans by commercial banks to private individuals and companies.