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1
Aug

AAB releases statistics for first half of 2022

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.

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5
Jul

AAB publishes the Annual Report 2021

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 […]

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20
Jun

Training trip with economic journalists organized

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 […]

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14
Jun

AAB organized the “Digitalization vs cash” Forum

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 […]

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UPCOMING EVENTS

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Statistics

General data (By years) 2016 - 2021

Blog Banker

12
Aug
The capitalization of the banking sector near the highest historical level*

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 […]

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11
Aug
Increases in yields, negative effect of 6.2 billion Lek on the banks’ balance sheet*

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 […]

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5
Aug
IFRS reporting, banking sector profit up 27% for 6-month 1*

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 […]

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4
Aug
Banks’ domestic transfers in euro, 1.34 billion euros in less than six months*

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 […]

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5
Jul
Cashless payments*

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 […]

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21
Jun
Banking digitalization: “Without going to the bank”

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 […]

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