Businesses dominate borrowing/ New credit in April reached 39 billion lek with an expansion of 19%
According to the latest data from the "Bank of Albania", total credit to the economy reached 968.2 billion lek in April 2026, up from 871.9 billion lek in the same period a year earlier. Meanwhile, compared to March, credit to the economy expanded by about 9.5 billion lek, confirming the continuation of positive lending rates in the country.
At the same time, new loans disbursed by the banking system during April reached 39.1 billion lek, up from 32.9 billion lek in the same month last year. This translates into an annual increase of about 18.8%, while the April 2026 level is the highest recorded for this month in the “Bank of Albania” series.
The expansion in lending has been driven mainly by businesses. New loans to private non-financial corporations reached 25.5 billion lek in April, up from 20.5 billion lek a year earlier, marking an increase of about 24.7%. This indicates that demand for financing from the private sector remains strong, at a time when businesses are increasingly relying on bank credit for expansion and investment.
Household borrowing also continued to grow in April. New loans to households and non-profit institutions serving them reached 13.4 billion lek, up from 12.5 billion lek in April 2025, or about 7.6% more in annual terms.
A significant portion of financing for individuals is related to the purchase of housing. In April of this year, new loans for this category reached 6.68 billion lek, down from a record level of 7.03 billion lek in April of last year. This translates into a decrease of about 4.9%, indicating a slight slowdown in real estate lending after the very high rates of last year.
However, the April 2026 level remains among the highest in history for housing lending. The data shows that the demand for financing in the real estate market continues to remain stable, although at more moderate rates compared to last year due to austerity measures.
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