Albania's credit slightly increases

Albania's credit for economy during November 2013 recorded a slight increase as compared to October, the Bank of Albania reported Tuesday. Although credit recorded an increase of 1.3 billion leks (12.77 million U.S. dollars) in November, the credit for the business happens to be contracted by about 3.5 percent as compared to the same period last year. Likewise, credit for individuals during November fell by 0.3 percent as compared to the same period in 2012. The facilitating monetary policy pursued by the Bank of Albania and the measures to stimulate credit are not yielding any significant result yet so that to revive crediting of economy.