AAB publishes the first six months’ unaudited financial data on the banking system’s main indicators, in accordance with IFRS Standards. For details of the half-yearly statistics, please click here.
Read More
Albanian Banking Association (AAB) publishes the Annual Report for 2021. This publication presents an overview of the main achievements of the activity of AAB during 2021. A few highlights of the AAB activities in 2021: With the new statute’s adoption and entry into force, new technical committees were established. 7 new committees and an auxiliary […]
Read More
The Albanian Association of Banks (AAB), with the support of OTP Bank Albania, organized on June 17-19, 2022, the annual activity with economic journalists. This activity is conceived as an open conversation between the representatives of the two sectors along an educational, cognitive, and informative journey. The main theme this time was digitization. The 18 […]
Read More
On June 14, 2022, the Albanian Banking Association (AAB) organized the “Digitalization vs cash” forum. Organized in a single working session aiming at the direct follow-up of issues related to the topic, this forum focused on addressing alternative payment channels, reducing cash in the economy, and the fight against informality, as well as the use […]
Read More
The capital adequacy ratio of the banking sector increased significantly in the second quarter of the year. According to the Bank of Albania, this ratio increased to 19%, from 17.9% in the first quarter and the ninth period of the previous year. The capitalization of banks is very close to the highest historical level, which […]
Read More
The rapid increase in the yields of financial instruments has brought significant losses to commercial banks in the first half of this year. According to the statistics of the Bank of Albania, the result from financial instruments was negative in the value of 6.2 billion Lek, while in the same period of the previous year […]
Read More Preliminary data from the Albanian Association of Banks show that the profits of the banking sector according to International Financial Reporting Standards (IFRS) maintained a positive trend even for the second quarter of the year. The figures reported by the banks show that the progressive net profit at the end of the six months reached […]
Read More
In January of this year, the national payment system in Euro AIPS Euro started operating. This system enabled for the first time the processing and settlement within the country of national transfers in European currency. The first statistics of the Bank of Albania show that the volumes of actions carried out through this system are […]
Read More
Cashless payments or payments with bank cards (electronic cards that allow you to buy goods and services without physical money) are the dominant payments in developed countries. They account for 63 percent of the total volume of sales and purchases in Italy, 59 percent in Greece, and 74 percent in Germany. Not to mention some […]
Read More
Recently, the digitization of banks has been put at the center of attention of public opinion and has attracted increased attention from private and public structures. Briefly some explanations for the digitization of banks for anyone who wants more knowledge to judge for themselves. Digitalization of banks, in a practical sense, means no longer going […]
Read More
