The diaspora vote count is continuing, VV achieves the 53rd term, PDK remains at 22, LDK falls to 18
7 hours agoKosovo families enter more debt, interest in credit increases
Periskopi(8 years ago)
(8 years ago)Kosovo families are continuing to enter debt. Thus, the number of loans has increased. Someone says this trend of credit growth was made because the interest was reduced. However, Economy expert Naim Gashi says the banks are late reminded of lowering interest until they have impoverished the citizen. Lack of its own budget for [...]
Lack of its own budget to finance projects, but also for satisfying family needs, has caused the number of people entering the day-to-day loan to rise.
According to Central Bank of Kosovo Governor Fehmi Mehmeti, the growth trend has continued even during March of this year.
Kosovo Bank Association Chairman Petrit Balija cites an element that, according to him, has affected citizens' interest in credit.
Credit demand is much better than in past years this is certainly attributed to falling interest rates in recent years which means business is reaching out and developing by taking credit for their projects
The lowering interest rate also confirms BQC Governor Fehmi Mehmeti.
And according to economics expert Naim Gashi, lowering the interest rate from banks is delayed.
Currently on credit according to the CEC are more than 252 thousand physical persons and over 23 thousand businesses until the total of active loans in the Kosovo banking system is about 276 thousand.
Also, according to CEC data in the past 14 years, commercial banks in Kosovo have issued about 10 billion euros in loans.
