Banks in Kosovo again expensive loans

Banks in Kosovo again expensive loans

Within just two months, banks in Kosovo have expensive interest rates in certain types of loans, while continued growth is noted in consumer loans. This type of loan affected most of Kosovo's citizens, as it has the highest turnout in credit portfolios. In April 2023, the average rate of [...]

This type of loan affected most of Kosovo's citizens, as it has the highest turnout in credit portfolios.

In April 2023, the average interest rate on credit has reached 6.3 per cent, says the monthly report of the Kosovo Central Bank (BQK).

Constant month-on-month growth is particularly noted in consumer loans. Thus, the average interest rate in consumer loans has reached 6.3 percent in April, until just a month earlier in March was 6.2 percent. Last year, the interest on this type of loan was below 6 percent.

While agricultural loans have been released, ranging from 6.5 percent as long as the muta in March, have dropped to 5.9 hours in April.

Interestingly, by last year, family economies are “kept at”, with many debts to banks, where annual housing credit growth is 16.1%.

Related
These are the five war crimes detainees, one captured today at the border.

These are the five war crimes detainees, one captured today at the border.

Morina: People arrested today have participated in Recak Massacre

Morina: People arrested today have participated in Recak Massacre

OEK head: Bank tariffs are not disturbing as digital services remain free

OEK head: Bank tariffs are not disturbing as digital services remain free

REL: American Umbrella begins closing for Balkans

REL: American Umbrella begins closing for Balkans

Security or Monitoring? Cameras become mandatory on new cars in Switzerland

Security or Monitoring? Cameras become mandatory on new cars in Switzerland

Haradinaj shares images running: 27 years of freedom, Kosovo cheers

Haradinaj shares images running: 27 years of freedom, Kosovo cheers

Scandal in England's camp: An estimated $18,000 device is lost

Scandal in England's camp: An estimated $18,000 device is lost

Samir Manes' villa raids, prosecution investigates drug traffickers

Samir Manes' villa raids, prosecution investigates drug traffickers

Iran still without final decision on US deal

Iran still without final decision on US deal

Suspected down from altitude during work in Ulcinj, 17-year-old Maliceva loses life

Suspected down from altitude during work in Ulcinj, 17-year-old Maliceva loses life

25-year-old found without life signs in Tirana apartment

25-year-old found without life signs in Tirana apartment

DAS Minister Nufi: Moving Up Co-operation Within NATO Alliance

DAS Minister Nufi: Moving Up Co-operation Within NATO Alliance

Rama: Protests are damaging tourism, there is a fascist spirit to stop

Rama: Protests are damaging tourism, there is a fascist spirit to stop