More lek and less euro in banks - BoA: Deposits included in broad money drop to 1.45 trillion
Albanians continue to maintain a high level of savings in banks, although in November there was a slight decrease compared to October. Data published by the Bank of Albania show that deposits included in broad money fell to around 1.45 trillion lek in November, from 1.46 trillion lek a month earlier.
This development mainly reflects monthly fluctuations in foreign currency deposits, while savings in the national currency have continued to grow. Deposits in lek increased to 690.7 billion lek in November, from 687.9 billion lek in October, indicating a greater orientation of citizens and resident entities towards the local currency.
Deposits included in broad money include all funds that citizens, private and public businesses, and other institutions hold in banks, including current accounts, demand deposits, short-term and long-term deposits, both in lek and in foreign currency.
In the currency ratio, foreign currency deposits continue to hold the main weight, but in November they decreased, falling to 762.1 billion lek from 771.3 billion lek in October. The decrease is mainly related to the contraction of transferable deposits and those of non-financial businesses.
On the other hand, transferable deposits in lek, which represent money in the current accounts of citizens and businesses, remained at high levels in November, reflecting active use of liquidity in the national currency. Deposits of other resident sectors, including individuals and households, also increased.
Regarding highly liquid foreign currency deposits, statistics show a slight decline in November, while other deposits have remained relatively stable, signaling greater caution in managing foreign currency savings.
Overall, November data show that, despite monthly fluctuations, the level of deposits in the banking system remains high, while the increase in savings in lek signals greater confidence in the national currency and in the stability of the banking sector.
Rama: Albania, a leader in public administration
Following his speech at the end-of-year conference with journalists, Prime Minister Edi Rama said: "According to the assessment of Sigma, which is the......
Meta to acquire Chinese startup Manus - Aims to boost advanced artificial intelligence
Meta said it would acquire China-based artificial intelligence startup Manus as the tech giant accelerates efforts to integrate advanced artificial......
Prime Minister Edi Rama, at the end-of-year conference with journalists
Prime Minister Edi Rama is holding his year-end press conference. At the beginning of his speech, the head of the executive stated that according to the......
Who is getting the most loans in Albania? - BoA: Businesses hold the main weight. Lek dominates citizens' loans
Around 925 billion lek are the liabilities that citizens, businesses and other stakeholders have to commercial banks in the form of loans. According to the......
AAPSK's rental income increases by nearly 39% in the first 11 months of 2025
The revenues of the Sequestered and Confiscated Assets Administration Agency (AAPSK) from property leasing have increased significantly during 2025,......
Around 28 thousand informal properties treated in 2025/ ASHK: Legalizations continue throughout the country
The State Cadastral Agency announces that, during this year, around 28 thousand informal properties have been treated, bringing the total number of......
How much are the major currencies being exchanged today?
The US dollar has not had significant fluctuations in value compared to the increase it recorded yesterday, as it was bought this morning at 81 lek and sold......
Global copper prices hit record highs on data center construction and Trump tariffs
The rise in the price of copper continues in international markets, with prices reaching close to $13,000 per ton, a 40% increase since the beginning of the......
