The Bank of Albania held its overnight lending interest rate at 1.9 percent during its March meeting. Lending Rate in Albania averaged 5.27 percent from 2005 until 2019, reaching an all time high of 8 percent in November of 2007 and a record low of 1.90 percent in June of 2018.
Lending Rate in Albania is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Albania to stand at 2.40 in 12 months time. In the long-term, the Albania Overnight Lending Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.