Albania Fighting NPLs

Politics ♦ Published: October 28, 2013; 09:38 ♦ (Vindobona)

The Bank of Albania discusses introducing a policy for reducing non-performing loans and enhance lending.

Albania Fighting NPLs / Picture: © Vindobona.org

Bank of Albania, further to a number of legal and regulatory initiatives to reduce non-performing loans and boost lending, held a round table on introducing a platform for addressing non-performing loans, which was attended by senior managers of the Albanian banking system and representatives of the Albanian Association of Banks.

The platform was designed by the Bank of Albania,…