Publication of commercial banks’ statistics for June 2024

According to the calendar of publications, the CBK published the statistics of commercial banks for June 2024

https://bqk-kos.org/statistikat/serite-kohore

The assets of commercial banks at the end of June 2024 reached the value of EUR 7.60 billion, recording a growth of 2.58% compared to the previous month. The growth is mainly attributed to the increase in gross loans, which at the end of June reached the value of EUR 5.35 billion. Compared to the previous month, gross loans in June 2024 grew by EUR 124.56 million or 2.39%.

The value of new loans in June 2024 was EUR 236.50 million.

The average loan interest rate in June 2024 was 6.12% (6.14% in May 2024).

Customer deposits in June 2024 reached the value of EUR 6.13 billion, marking a growth of EUR 67.67 million, or 1.12% compared to the previous month. Roughly 27.13% of the accumulated value of customer deposits are term deposits. By sectors, households dominate with about 67.05% of the total value of deposits.

The value of new deposits in June 2024 was EUR 78.92 million.

The average interest rate on deposits in June 2024 was 2.89% (2.48% in May 2024).

The interest rate margin on loans and deposits in June 2024 was 3.23% (3.65% in May 2024).

The loan-deposit ratio in June 2024 was at the level of 87.16%.

The total capital of commercial banks at the end of June 2024 reached EUR 901.99 million. Meanwhile, loan provisioning was reduced by EUR 4.80 million or 3.32% compared to the previous month, recording a value of EUR 143.83 million.